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canara bank

Discussion in 'Technical Analysis' started by csnatu, Dec 3, 2012.

  1. csnatu

    csnatu New Member

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    I think canara bank has given breakout.From Sept canara bank is trying to break the resistant 450.Pl share your views
     
    csnatu, Dec 3, 2012
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  2. kommallpaatil

    kommallpaatil New Member

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    Yes, you are right. We can buy with sl of 430 tgt 540
     
    kommallpaatil, Dec 4, 2012
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  3. shabbir

    shabbir Administrator Staff Member

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    Major support at 410 but stop loss can be 430 as well
     
    shabbir, Dec 4, 2012
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  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    For me 410 is good support.
     
    sanjay_sansanwal, Dec 4, 2012
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  5. krasquinha

    krasquinha Member

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    Hi Shabbir,

    If cananra bank holds the support of 475, then we can go long with the target of 560....Please advise....

    Regards,
    Kiran
     
    krasquinha, Jan 23, 2013
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  6. shwetagnema

    shwetagnema Active Member

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    isn't the support is at 490.....and if the takes upmove from this level, target is 560.
     
    shwetagnema, Jan 23, 2013
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  7. krasquinha

    krasquinha Member

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    Hi Shabbir,

    Need your expert view. 490 is a intermediate support and 475 is a good support. Please comment.

    Regards,
    Kiran
     
    krasquinha, Jan 23, 2013
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  8. shabbir

    shabbir Administrator Staff Member

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    if the support hold buy in the leg up and not in the leg down.
     
    shabbir, Jan 23, 2013
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  9. drsuraimardi

    drsuraimardi New Member

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    Canara bank has broken the trendline.Next important support zone is 407-410.But one should take entry when there is reversal signals
     

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    drsuraimardi, Jan 24, 2013
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  10. krasquinha

    krasquinha Member

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    Canara bank 15 minutes chart forming a triangle pattern. Breakout either side expected...
     

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    krasquinha, Jan 24, 2013
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  11. krasquinha

    krasquinha Member

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    Hi Shabbir,

    what is your view on Canara bank. support around 410.....

    Regards,
    Kiran
     
    krasquinha, Mar 7, 2013
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  12. shabbir

    shabbir Administrator Staff Member

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    The support of 410 is held but then free fall from 540 to 410 means that the level of 410 should be held for at least couple of weeks before I would get long into this stock.
     
    shabbir, Mar 7, 2013
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  13. krasquinha

    krasquinha Member

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    Thanks Shabbir.
     
    krasquinha, Mar 8, 2013
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  14. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Mar 8, 2013
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