canara bank broke the channel with a big red candle. crucial level is 196. if it gets broken we are looking for target of 186 176 164.
TP will be updated soon wait for 1D close breakout trade and also its in a strong trend
Canara Bank Long Term View Positive Can give long target as shown in chart
Canara bank making negative divergence on Daily time frame exit longs.
CANARABANK long will achive TGT of 140 keep SL 99. HIDOI11017%andHGAOI10007.05% #EDUCATIONALIDEA
Canara bank on a weekly timeframe Stage 2 Breakout from a stiff resistance zone which was earlier a support zone. May continue uptrend till it remains above 30WEMA. May proceed toward targets of 233/290. Only for educational purposes, not a recommendation.
canara bank looks very good . after long time buying in psu banks and price is moving above all diagonal lines
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed based on fundamentals and near swing high.
Canara bank stock has given breakout with good intensity of volume in both daily and weekly time frame, as the banking stocks started to pick up pace, canara bank's price action along with indicators had confirmed positive trend ahead, on monthly basis it had made high then higher low, then higher high again higher low, and on weekly basis wave structure suggests...
Canara Bank Seems to be forming triangle pattern 20% Gains over next month. RSI also indicating range breakout.
Big move expected next week.. Channel break out above 158.. SL 151.. # Analysis only
After completing the 5 waves rise, canara bank has been in Corrective phase since february 2021, the entire Corrective phase looks like a part of complex correction, recently the daily Macd indicator has turned Bullish, and the stock has formed a positive weekly close, after taking support at the 50 weekly ema, the chart setup is suggesting that the Corrective...
Cup & handle breakout after 165. For position trade only. Enter at 165. 1st target 181 2nd target 198 3rd target 214. If you are a risk taker. And have patience. You can enter at CMP 152. With swing low as stop-loss. Consult your financial advisor before investing. It’s just for educational purpose.
Hi look at the chart, got good volume and gave breakout. The stock tried to break the 120 levels many times, but finally it broke the resistance and made it support. Now see the stock, it gave trendline breakout with good volume and if tomorrow it sustains above 163 then we can expect a very good move. Always maintain your risk reward. you can place your stop...
ONLY FOR EDUCATIONAL PURPOSE
Long Canara bank for targets 157/65/75 Buy around CMP SL 145
DATE: 23/5/2021 INSTRUMENT: CANARA BANK TREND: BUY TIME FRAME: 3 HRS CMP: 153.05 BUY ABOVE: 153.50 STOP LOSS: TGT 01: 157.55 TGT 02: 168.55 DISCLAIMER: We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Buy with sl 141 Target 180+. Chart is moving in Higher high formation.