2022 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 |
| 25 Tue Jan | 221.40 | 206.50 | 223.25 | 205.45 | 120.9 lakhs |
| 24 Mon Jan | 208.70 | 215.60 | 217.60 | 204.65 | 104.55 lakhs |
| 21 Fri Jan | 215.60 | 224.90 | 226.70 | 213.30 | 106.39 lakhs |
| 20 Thu Jan | 228.45 | 229.20 | 232.40 | 226.80 | 98.9 lakhs |
| 19 Wed Jan | 228.40 | 222.30 | 229.90 | 220.85 | 74.23 lakhs |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 226 as stoploss in an intra day sell trade for a target of 215.48. However, stock will show a bullish move above 226.
Daily Price action analysis of CANBK based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Intraday technical analysis of Canara Bank
Stock is trading at 224.10 as on 27 Thu Jan 10:40
Day open is at 218.00, day high is at 225.35, day low is at 216.00, and day volume is at 710.25 lakhs so far.
First 15 minute high low range is 216.00 - 222.75
First hour high low range is 216.00 - 224.50
| Date | Intraday Price | Open | High | Low | Volume |
| 27 Thu Jan 10:40 | 224.10 | 218.00 | 225.35 | 216.00 | 6452006 |
| 27 Thu Jan 10:35 | 224.35 | 218.00 | 225.35 | 216.00 | 6279583 |
| 27 Thu Jan 10:30 | 225.10 | 218.00 | 225.35 | 216.00 | 6092515 |
| 27 Thu Jan 10:25 | 223.60 | 218.00 | 224.50 | 216.00 | 5611002 |
| 27 Thu Jan 10:20 | 223.60 | 218.00 | 224.50 | 216.00 | 5429963 |
Prices of Canara Bank are surely coming down. Look for opportunities to sell in intraday.
Take a trade after 9:30am only.
Canara Bank (CANBK) intraday stock price targets
- EntEntry: 219.38 or 218.3375
- Upside target: 222.75
- Downside target : 209.25
- Second Upside target: 231.23
- Second Downside target : 213.43
Canara Bank (CANBK) weekly technical analysis
| Date | Weekly Close | Open | Range | Volume |
| 25 Tue Jan | 221.40 | 215.60 | 204.65 223.25 |
225.445 lakhs |
| 21 Fri Jan | 215.60 | 227.60 | 213.30 232.40 |
401.049 lakhs |
| 14 Fri Jan | 227.65 | 213.30 | 213.30 228.35 |
463.692 lakhs |
| 07 Fri Jan | 212.30 | 199.70 | 198.60 215.60 |
480.922 lakhs |
| 31 Fri Dec | 199.95 | 190.00 | 186.40 201.35 |
344.017 lakhs |
Weekly forecast of Canara Bank is positive. Buyers dominated the stock this week, and this trend might continue for a few days
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 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 (CANBK) Monthly technical analysis
| Date | Monthly Close | Open | Range | Volume |
| 25 Tue Jan | 221.40 | 199.70 | 198.60 232.40 |
1571.109 lakhs |
| 31 Fri Dec | 199.95 | 201.00 | 186.40 224.00 |
2052.796 lakhs |
| 30 Tue Nov | 199.15 | 215.00 | 194.75 247.60 |
3383.39 lakhs |
| 29 Fri Oct | 214.50 | 172.40 | 168.00 218.65 |
6071.191 lakhs |
| 30 Thu Sep | 173.00 | 159.00 | 152.05 177.50 |
3997.732 lakhs |
Monthly forecast of Canara Bank is positive. Buyers dominated the stock this month, and this trend might continue for a few days
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: 233.68
- Downside daily target: 221.15
- Downside daily target: 208.9
Canara Bank Weekly stock price targets
- Upside weekly target: 235.53
- Upside weekly target: 224
- Downside weekly target: 213.05
- Downside weekly target: 200.63
- Downside weekly target: 190.15
Canara Bank Monthly stock price targets
- Upside monthly target: 243.8
- Upside monthly target: 223.38
- Downside monthly target: 211.98
- Downside monthly target: 199.19
- Downside monthly target: 187.98
- Downside monthly target: 176.1
- Downside monthly target: 162.55
- Downside monthly target: 153.65
- Downside monthly target: 136.19
- Downside monthly target: 114.98
Canara Bank (CANBK) most active calls puts options
- CE of strike 220
- CE of strike 230
- CE of strike 225
- PE of strike 210
- CE of strike 235
- CE of strike 215
- CE of strike 210
- PE of strike 215
- PE of strike 220
- PE of strike 200
- CE of strike 240
- PE of strike 205
- PE of strike 195
- PE of strike 225
- CE of strike 223
- CE of strike 233
- CE of strike 218
- CE of strike 213
- CE of strike 228
- PE of strike 190
- PE of strike 230
- PE of strike 208
- CE of strike 238
- CE of strike 245
- CE of strike 200
- PE of strike 218
- PE of strike 180
- CE of strike 250
- PE of strike 213
- CE of strike 205
Canara Bank (CANBK) indicators technical analysis
Price action analysis of Canara Bank (CANBK) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Canara Bank stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Canara Bank in short term but the sell signal is initial and weak.
Canara Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 moving up
CCI has generated a buy signal for Canara Bank in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Canara Bank is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 222.15 and Canara Bank CANBK stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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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