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CANARA BANKCANARA BANKCANARA BANK

CANARA BANK

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CANBK trade ideas

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
NSE:CANBK
by JaiPrakashShuklaHarmonicTrader
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
NSE:CANBK
by Guru7208
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.
NSE:CANBKLong
by RajputAmarjit