CANBK trade ideas
CANARA BANK BULLISH FLAG BREAKDOWN ON DAILY TFCanara Bank is giving Bullish flag breakdown on daily timeframe.
CANBK Best Positional Buy Entry Level I will wait for retracement on NSE:CANBK to take buy entry. Best level to take entry will be 293 with stop loss of 273 (-20 Points).
Will hold till targets of 314, 329, 345 & 375.
Note: This is my personal analysis, only for learning. Thanks.
Falling Wedge and Channel BrokenCanara Bank Analysis
Currently it is broken channel expecting short term target around 160 breaking above 220. however overall structure looks like wedge pattern
may reach 290 +
Let's see.
Happy Investing.
Target break outcanara bank apne tunnel ko break kar sak ta he . 1hr candle me ek level pe buying dikh raha he .
CANARA BANKIf this stock take support at 295-300 level and make a good bottom then can expect a good upper side moment bcoz it breaks its strong resistance 295 which is now react as support zone
5 SMA ShortDo not Trade : Latest Close Crossed Below Latest 5 SMA
Latest Volume Greater than 800000 if,
1. There is Mid Bollinger Band Consolidation of Price
2. There is Consolidation of Price in the upper half of the Bollinger Band
3. There is lateral support for the stock in the lower half of the Bollinger Band
4. If the 5 SMA is far away from Closing Price of the stock
5. If the per share value is below 50
6. If the overall market scenario is bullish
Day trading plan for Monday!! Last week of Novemeber..I made this first video on Trading View, I am doing it for my own growth first and make me profits and then see if I can help some other trader to get profits from the market.
Thank you..
CANARABANK - WEEKLY TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
Long swing in canara bank Banks are moving quite well for this month. Here, with Canara bank above 316 can touch 360 level in 2 weeks. Do not hold for more than 1-2 weeks.
NSE:CANBK
canara bankgood volume
given breakout already
bullish trend
52 week high 293
upper band 318
good r:r
CANARA - Good Buy only around 260CANARA Bank has posted highest ever net profit, Money is being pumped into public sector banks,Also Public sector banks have been regularized properly by RBI, And for any big loss RBI is always there for rescue. Strong support from government makes public sector banks a great value buy.
CANARA BANK...CAN this trade BuyGood price range breakout ...tgt calculated ...mkts tricky but buy medium size lots
Canara bank long callCanara bank s showing positive move and trending towards upside..
it's a low risk high return call, with 2x plus returns.
Happy Diwali Trade # 3Breaking out from the triangular structure will be first confirmation.
Final confirmation above the resistance zone
Share of canara bank today known.Today canara bank share increase for closing increment volume expected on Increase canara bank share price. I suggestions for buy half amount shre in delivery. Thank you 🤑👍
"W" Pattern breakout and Resistance break out Canara bank guve a very good breakout out of important resistance now we recommend to everyone to buy it .
Buy Canara bank at 252
Target 262 273 299.80
Sl 238
Long canara bankLong canara bank. Stock is on the verge of BO from the resistance level. Long above 245 once the BO of the area for the next target level of 270-280 . All important levels has been marked on the charts. RSI level above 60 showing bullish formations. This is for your educational purpose only.
long canarabank cmp 230-220we are long canarabank cmp 230/220 maintain sl below 200 Target - 360+ till dec-2022
risk - 30 points max
rewards - 130 points
always respect risk to rewards
CANBK Looks good for positional trade.Aim for 5-8%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 5-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
Take trade if all conditions meet at the end of the day 3:15-3:30 PM.
If you have any questions or suggestions, please leave a comment below.
I will personally reply to every single comment!
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