CANARA BANK DAILY CHARTCANARA BANK DAILY CHART
Cmp 333.70 Breakout @ 342 Target 436
Time to keep an eye on. The levels are self-explanatory.
Its only an observation & not any suggestion.
CANBK trade ideas
💥Canara Bank💥-Nice Breakout💥Canara Bank💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-424
Breakout Price-424
Stoploss-363
Targets-653
RT for max reach
#canarabank #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
CANBKNSE:CANBK
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Canara Bank Again a Nice BreakoutCanara Bank touched a convergence of a support and a rising trendline, a reversal done, and a breakout above the short-term falling trendline, but today it failed to cross the previous high, and following the resistance, it cooled off a bit. But looking at the candles of the last Days, we may expect it to breakout and move higher. My Expectations for Targets 416 and 466 in the Coming Months
Profit booking started on Canara Bank On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Canada bank breakoutBuy Canara bank at CMP
Target will be 460rs
I m dealing with
1.positional trade
2.swing trade
3.intraday trade
Feel free to contact 82696 13561
CANARA BANK Breakout1. This is not a highly volatile stock. Usually, it takes more time to break the resistance level. But, As per previous data when the stock break the resistance level it went to 60 points and
trade around that particular price range for 4 to 6 months.
Eg)
1. 22 Dec 2020 break the resistance level and went to 108 to 158 - 50 points
2. 27 Sep 2021 break the resistance level and went to 154 to 216 - 62 points
3. 17 Oct 2022 break the resistance level and went to 244 to 322 - 78 points
Confirmation :
The breakout candle is strong.
Now
03 July 2023 break the resistance level and it will go to 322 to ? - let wait
Canara Bank Break out of TriangleThis is the break out of Triangle with good volume. And target is around 420 around which will reach before Dec 2023
Canara Bank1) Break out from a contracting Wedge Pattern formed from 2018
2) On the shorter Time frame, break out from a Cup & Handle pattern
Canara Bank Short termStrong breakout of multiyear resistance area
Now price resting on resistance level
Other stocks in this sector are also performing well
Took 40% position
Will add more as it unfolds
This is a short term - Medium term bet
CANARA BANK - SHORTNSE:CANBK NSE:CANBK1! BSE:CANBK
Canara Bank short-term outlook bearish
for education purposes only.
Canara Bank- Nice BreakoutCanara Bank- Nice Breakout
Capital to be deployed- 20k
Investing Price -318
Breakout Price -280
Stoploss -280
Targets-378-424-653
RT for max reach
#canarabank #StocksToBuy #StocksInFocus #stocks #stockstowatch #StocksToTrade
CANBKCANBK Chart Analysis.......04/08/23
Canbk Long above 332.50
Sl - 323
Target - 340 / 346 / 350 / 385
Enjoy !
Note : As you will see on the chart a Bullish Harami Cross Candlestick Pattern is forming.
#canara bank sell formation #canara bank
#CANBK
entry 257 to 215 {good} , 147 { best entry}
target 460 , 821
Canara Bank A Good Investment Trade
We have a Wave 1 and 2 completed and the Wave 2 has retraced Wave 1 by less than 100% which confirms the Wave 1 and 2 as a complete structure and indicates a beginning of the most awaited Wave 3
According to the Fibonacci golden ratios Price should achieve the 161.80% that is 1331.25 as shown in the chart as well.
Wait for the price to come into the Annual Demand
ENJOY THE RIDE ! ! !
Higher weekly close on this script will open gates.Canbk is a stock that has been showing signs of a breakout. The stock has been in an uptrend for the past few months, and it has recently broken out above a key resistance level. This is a bullish signal, and it suggests that the stock is likely to continue to rise in the near future.
The whole Banking sector is making highs we need to keep a few scripts in radars and focus on taking position carefully with Stop loss on the chart.
Happy trading.
Uptrend in Canara BankPrice action shows a breakout in the monthly chart. Take small positions above 338. keep a strict stop loss around 315.
Results of the bank to come soon. Expect volatility.
Disclaimer: Do your own due diligence. Happy Learning.
CANERA BANKCanera Bank
Time frame = Day
Pattern = Flag
Type Bearish
iT'S Risky Trade Small Stoploss And Big Target
Sell = 327.10
Stoploss= 342.25
Target 1 = 281.70
Target 2 = 237.20
Canara Bank Bullish moveCanara bank is all set for positive momentum for its upward journey the reason is obvious because of the following facts:
Fundamental Facts
1. Positive quarterly growth in comparison with Yoy
2. Quarterly EBITDA growth is also quite aggressive
Technical facts
1. If it sustains the level of 343 on upside for a week then upside levels will be 384 to 394 to 427.
Near breakout.Keep your risk and reward ratio according to your preferance.
This is for educational purpose. Do your own research before investing
sell canarabank @cmp target 292, 286, 271 risk reward 3.64 sl sell canarabank @cmp target 292, 286, 271
risk reward 3.64
sl 306
