News: Canara Bank cut MCLR while BoD to consider fund raising on 10 July #CanaraBank #CANBK is moving between 20EMA as support and 100EMA as resistance. After touching 100EMA on 24th June 2020 stock shown bearish move but after yesterday news stock received High volume. Till 10 July BoD meeting, stock will show +ve sentiments. Aggresive New long buildup can see....
Here you can see guys canara bank facing resistance and after it takes support over the same resistance But now i straining CANARABANK for longposition.
Canara bank in uptrend. If is brk LH @ 157 then i will completely uptrend
Canara Bank Head and shoulder pattern in daily TF. - Wait for the neckline to break. - Wait for the retest Buy above 220 - Target - 255.
CANARA_BK Ascending Triangle Pattern break can happen at 234 and Target will be 270.
Price is in side ways movement. If it's break out it possitive, go for long. if it's break out is negtive, go for short.
THE INFORMATION IN MY IDEAS IS PROVIDE FOR EDUCATIONAL OR INFORMATION PERPOSES ONLY. THIS IS NOT FINANCIAL ADVICE. ENJOY SOME PROFITS MAKE SURE TO HIT THE LIKE/SUPPORT FOR MORE THANKS A LOT WISE YOU SUCCESS
KEEP EYE THE (DEWAN HOUSING FINANCE CORPORATION LTD) THE INFORMATION IN MY IDEAS IS PROVIDE FOR EDUCATIONAL OR INFORMATION PERPOSES ONLY. THIS IS NOT FINANCIAL ADVICE. ENJOY SOME PROFITS MAKE SURE TO HIT THE LIKE/SUPPORT FOR MORE THANKS A LOT WISE YOU SUCCESS
INTRADAY SUPPORT / RESISTANCE THIS IS JUST SUPPORT AND RESISTANCE CHART
Next 2 days are most Important to watch the CANBANK.
CanaraBank | Weekly | Tripple Bottom Done
Advise:**Buy ** Reason: EW At/Between: 350-340 Stop: 329 T1: 390 T2: 430
Talking Points: Technical Strategy: Hold and Buy lower Elliottwave Count: Correction HTG Note: Current price action on Canara Bank (BSE: CANBK) is trading bullish move. However, script was in correction after break on monthly trend line. All PSU bank showing correction in bullish move. We are expecting correction will be on flat correction and should...