CANARA BANK

NSE

CANBK

INTRADAY SUPPORT / RESISTANCE THIS IS JUST SUPPORT AND RESISTANCE CHART

Intraday target 254. Trade at your own risk.

as in chart

For educational purpose only. W pattern is on the verge of making. Double bottom formation. Can move from 275 to 300. If it comes down it may come at 0.5 line (fibonacci levels).

ONLY Learning and trading ideas.The stock has resisted around 300 levels for quite few trading sessions and now is ready to break the resistance. With PSU banks moving upside this stock may give you decent returns. Levels given in the chart.

Consolidations happen either during trending market phases or before a new trend. There are different consolidation patterns as we will see later: sideways ranges, wedges, double/triple tops or triangle shaped consolidations, just to name a few. All consolidations represent a period in which the markets pause, where indecision about the next price move exist and...

An Inverted Cup and Handle pattern is formed after a pullback from a swing low sells off.

Canbk has recently broken the Uptrend line and has reached a nearby crucial support. Now it can take different paths going ahead. each arrow identifies one move. For the next arrow to start, a breakout needs to happen with an Impulse. I will keep it on watch list going ahead as there will be multiple trading opportunities. Will keep you posted on the updates as...

CANBK sell initiate for 21 Nov 2018 using 1 hour chart based on Fibonacci levels, check below Sell level : Sell Below : 254.55 Stop Loss : 259.35 Target : 251.65

NSE:CANBK Sell initiate for 01 Nov 2018 using 1 hr chart based on Fibonacci levels, check below Sell level Sell Below : 257.7 Stop Loss : 269 Target : 250.05

Next 2 days are most Important to watch the CANBANK.

CANBK IS AT CRUCIAL SUPPORT AT 219 if banknifty falls below 25000

CANBK IS AT CRUCIAL SUPPORT AT 219 if bank nifty falls below 25000

rectangle

Canara Bank : Breaking out of consolidation zone of 275-265

CanaraBank | Weekly | Tripple Bottom Done

canbk looks attractive above 260/-...weekly closing imp tommorow

CANARA BANK CMP 235 Target 180 Stop 270 Weekly Chart Stock has convincingly broken down an important support zone at 249, which could potentially act as a resistance zone going forward. Stock could possibly retest the new resistance zone, which ideally is a shorting opportunity. Hence, shorting suggested at levels 245-249 with a stop of 270 for a target of 180.