CANBK trade ideas
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
Canera Bank longCanera bank move in a channel. Now it's took support at lower line of the channel. We can expect 170-174 target for swing traders.
(I am not a sebi registered analyst. Do own analysis before take position).
Canera Bank strong buyCanera bank move technically in a channel. Now take support at lower line of channel. Now it's time to up. Also, moving average in all time frame give good indication to buy. We can get a target of previous swing high. i,e,.170-174 for aking traders and also can expect more than 174 for short term investors.
(I am not a SEBI registered analyst. Do own analysis before investing. This view for study purpose).
Buy Canara BankBuy Canara Bank @ 146.9 target 159+++ SL 141.2 BSE:CANBK
demand zone in Canara Bank at 146.9
NSE:CANBK
Canarabank at PRZCanarabank at prz of butterfly , also clean rsi positive divergence in 2 hr chart... Levels marked...
Falling ChannelCanara bank on falling channel closing above 180 on monthly basis looks target of 220 + in coming days.
Let's see.
