2021 Canara Bank (CANBK) technical analysis [forecast] stock price targets
Canara Bank technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis
Canara Bank deals in Banks Canara Bank option chain analysis
| Date | Close | Open | High | Low | Volume |
| 17 Fri Sep | 162.75 | 169.30 | 171.25 | 159.20 | 448.57 lakhs |
| 16 Thu Sep | 166.75 | 161.60 | 167.80 | 160.45 | 379.66 lakhs |
| 15 Wed Sep | 161.60 | 156.40 | 162.05 | 155.50 | 190.04 lakhs |
| 14 Tue Sep | 155.25 | 157.00 | 157.90 | 154.65 | 96.77 lakhs |
| 13 Mon Sep | 156.80 | 157.00 | 158.10 | 155.45 | 66.45 lakhs |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 161.3, but if it comes below 161.3, then a intra day sell could be more profitable.
If you take a sell trade below 161.3, then use 161.3 as stoploss and 157.33 as target. However if you take a buy trade in stock , then use 161.3 as stoploss and 166.1 as target.
Daily Price action analysis of CANBK based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Daily Price action analysis of CANBK based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Daily Price action analysis of CANBK based on a mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Intraday technical analysis of Canara Bank
Stock is trading at 162.35 as on 20 Mon Sep 10:25
Day open is at 159.00, day high is at 162.75, day low is at 158.70, and day volume is at 384.97 lakhs so far.
First 15 minute high low range is 158.70 - 161.00
First hour high low range is 158.70 - 162.20
| Date | Intraday Price | Open | High | Low | Volume |
| 20 Mon Sep 10:25 | 162.35 | 159.00 | 162.75 | 158.70 | 4113632 |
| 20 Mon Sep 10:20 | 162.20 | 159.00 | 162.25 | 158.70 | 3801151 |
| 20 Mon Sep 10:15 | 161.55 | 159.00 | 162.20 | 158.70 | 3655304 |
| 20 Mon Sep 10:10 | 161.85 | 159.00 | 162.20 | 158.70 | 3467259 |
| 20 Mon Sep 10:05 | 161.70 | 159.00 | 162.20 | 158.70 | 3332615 |
Prices of Canara Bank are definitely rising in intraday. Look for buy opportunities.
Take a trade after 9:30am only.
Canara Bank (CANBK) intraday stock price targets
- EntEntry: 159.85 or 163.1
- Upside target: 161
- Downside target : 156.4
- Second Upside target: 167
- Second Downside target : 154.95
Canara Bank (CANBK) weekly technical analysis
| Date | Weekly Close | Open | Range | Volume |
| 17 Fri Sep | 162.75 | 157.00 | 154.65 171.25 |
1181.489 lakhs |
| 09 Thu Sep | 157.50 | 161.70 | 155.20 164.00 |
569.332 lakhs |
| 03 Fri Sep | 160.70 | 153.00 | 152.10 163.45 |
997.77 lakhs |
| 27 Fri Aug | 151.60 | 154.00 | 148.20 156.80 |
878.909 lakhs |
| 20 Fri Aug | 152.80 | 155.00 | 151.00 160.20 |
915.857 lakhs |
Weekly forecast of Canara Bank is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.
Weekly Price action analysis of Canara Bank based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Weekly Price action analysis of Canara Bank based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Canara Bank (CANBK) Monthly technical analysis
| Date | Monthly Close | Open | Range | Volume |
| 17 Fri Sep | 162.75 | 159.00 | 154.65 171.25 |
2292.199 lakhs |
| 31 Tue Aug | 159.10 | 154.70 | 148.20 162.50 |
3336.761 lakhs |
| 30 Fri Jul | 153.20 | 152.60 | 142.10 157.00 |
2056.414 lakhs |
| 30 Wed Jun | 151.85 | 161.60 | 141.45 165.75 |
3022.396 lakhs |
| 31 Mon May | 160.80 | 136.95 | 135.90 163.65 |
5675.788 lakhs |
Monthly forecast of Canara Bank is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.
Monthly Price action analysis of Canara Bank based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Monthly Price action analysis of Canara Bank based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Canara Bank Daily stock price targets
- Upside daily target: 170.95
- Downside daily target: 162.18
- Downside daily target: 153.33
Canara Bank Weekly stock price targets
- Upside weekly target: 175.3
- Upside weekly target: 164.98
- Downside weekly target: 157.11
- Downside weekly target: 149.35
- Downside weekly target: 141.23
Canara Bank Monthly stock price targets
- Upside monthly target: 187.2
- Upside monthly target: 176.1
- Upside monthly target: 164.98
- Downside monthly target: 156
- Downside monthly target: 148.35
- Downside monthly target: 137.53
- Downside monthly target: 127.85
- Downside monthly target: 116.4
Canara Bank (CANBK) most active calls puts options
- CE of strike 170
- CE of strike 175
- CE of strike 180
- CE of strike 165
- CE of strike 160
- PE of strike 150
- PE of strike 155
- CE of strike 190
- PE of strike 160
- CE of strike 200
- CE of strike 185
- CE of strike 168
- PE of strike 145
- CE of strike 173
- PE of strike 165
- CE of strike 163
- CE of strike 155
- CE of strike 178
- PE of strike 158
- PE of strike 153
- PE of strike 163
- PE of strike 170
- CE of strike 150
- CE of strike 195
- PE of strike 140
- CE of strike 158
- PE of strike 148
- PE of strike 168
- PE of strike 130
- PE of strike 135
Canara Bank (CANBK) indicators technical analysis
Price action analysis of Canara Bank (CANBK) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Canara Bank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Canara Bank in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Canara Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Canara Bank in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Canara Bank is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 161.23 and Canara Bank CANBK stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Canara Bank CANBK stock. Volume based technical analysis of Canara Bank CANBK stock is negative.
Canara Bank Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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