CANBK trade ideas
Canara Bank looks promising on a weekly close above 163-165Canara Bank looks promising on a weekly close above 163-165
Cup & handle on Canara Bank - NSE Cup & handle breakout after 165.
For position trade only.
Enter at 165.
1st target 181
2nd target 198
3rd target 214.
If you are a risk taker. And have patience. You can enter at CMP 152. With swing low as stop-loss.
Consult your financial advisor before investing.
It’s just for educational purpose.
canara bank is a buy candidateeverything is in the chart. buy call invalid below 152 candle close on a hourly chart.
Canarabank - Wolfewave with AB=CDCanarabank has berish wolfewave with AB=CD , currently at reversal. Target on chart...
CANBK LONG INTRADAY 9 JUN,2021Dear trader,
If u look at the chart of CANBK (analysis based intraday only) the CANBK Buy at 161 and Target at 163
Best Buy at 160.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
#CanaraBank waitingwe had bearish weekly close & have been rejected at the resistance
expecting a retrace to support if hold might complete the ascending triangle
if not it is possible that we might form a Double top here as well
keeping an eye on this idea will share setup if & when we reach support
Canara Bank (Canbk) Swing/Positional Trendline breakoutHi look at the chart, got good volume and gave breakout.
The stock tried to break the 120 levels many times, but finally it broke the resistance and made it support.
Now see the stock, it gave trendline breakout with good volume and if tomorrow it sustains above 163 then we can expect a very good move.
Always maintain your risk reward.
you can place your stop loss below the support zone 148 for safe players.
Thank you.
canara bank weekly chartCANARA BANK after retesting now at its resisitance and we can see a volume build up .
Canara Bank longCharts self explanatory
Green sl above that till upper red line buy zone
Blue target
Sl hourly clbs
CANARA BANK :: BULLISHDATE: 23/5/2021
INSTRUMENT: CANARA BANK
TREND: BUY
TIME FRAME: 3 HRS
CMP: 153.05
BUY ABOVE: 153.50
STOP LOSS:
TGT 01: 157.55
TGT 02: 168.55
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
canara bank long term downtrend.. high volume accumulationhigh volume accumulation is seen in canara bank for last 4 months currently at the long term support line...... buy at current price of 146 with the stop loss at 136 >>>( take ur own risk... only for educational purpose) it can make a huge up trend for a first target of 246
its in a long term down trend be caution take you own risk.... if it break the long term support it will fall drastically
