CANBK - Weekly AnalysisIn the Weekly Chart of CANBK ,
we can see that; it is forming a Cup & Handle with strong Price Action.
We can see hold till above target.
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About CANARA BANK
Sector
Finance
Industry
Regional Banks
CEO
K. Satyanarayana Raju
Website
canarabank.com
Headquarters
Bangalore
Employees
88.213K
Founded
1906
ISIN
INE476A01014
Canara Bank engages in the provision of commercial banking and financial services. It operates through the following segments: Treasury Operations, Retail Banking Operations, Wholesale Banking Operations, Life Insurance Operation, and Other Banking Operations. The company was founded by Ammembal Subba Rao Pai on July 1, 1906 and is headquartered in Bangalore, India.
CANBK--Bullish or Bearish??this stock is having Demand zone @ 290 range, if this range will acts as support price again turned to be bullish.
here we have a previous resistances and supports as well, keep track this level for buy again for targets of 308-312, 330 and 340 zone.
this is the best place to enter into the stock
CANARA BANK: SHORT SETUPCANARA BANK Loosk weak as per SMC structure analysis
Everything is marked on the chart, and is easy to understand.
CANARA BANK: A SHORT TRADECANARA BANK is one stock that I have found out for my Next short trade.
There are two POIs, so be careful in which you select to trade.
StopLoss would be above the swing high
canara bank longabove 200 ma, 20 ema crossing 50 ema, consolidation, market positive, stock was in short down trend but now changing direction, a little bit risky, but as sl is 284 and entry is near 288, target being above 320 is good rr.
entry reason - trend line, two ema closing support.
Long canra Bank 🏦canra Bank close above 3 Moving Averages 13,21,34 and looking strong. long canra Bank with small stoploss. And Target 🎯 of 1:1, 1:2 and 1:3
Buy above 292
SL 285 Target 🎯 300,307 & 314
Note : I am not SEBI registered this is my personal view I may be wrong. Please do your own research before taki
Momentum in canara bankChart shows that stock is near important resistance near 277 and also following a trend line which combine make a ascending triangle pattern breakout above 277 will give target to 279.5 and 282 .
If stock breaks trendline and important support of 273.8 than stock might fall till 271
CANARA BANK BREAKOUTDisclaimer- The risk of loss in trading stock, future,forex and option is substantial and losses may exceed initial investments. Past performance,wherther actual or simulated, is not indicative of future results. By viewing this video you agree that decision to purchase or sell any financial product
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This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
