Munafa technical analysis Canara Bank CANBK technical analysis buy or sell
Munafa technical analysis Canara Bank CANBK technical analysis buy or sell Analysis of Canara Bank CANBK to buy or sell for Daily, weekly or monthly
Quick Chart Bull Charts Forecast Tomorrow Price Targets View Analysis
| Date | Close | Open | High | Low |
| 28 Tue Mar | 275.15 | 277.40 | 281.90 | 272.75 |
| 27 Mon Mar | 277.20 | 274.95 | 279.20 | 272.50 |
| 24 Fri Mar | 273.80 | 279.65 | 281.45 | 272.35 |
| 23 Thu Mar | 280.60 | 284.25 | 287.00 | 279.35 |
| 22 Wed Mar | 284.85 | 284.85 | 288.45 | 283.85 |
Stock of Canara Bank closed at 275.15 and it opened at 277.40
It moved inside a range of 272.75 and 281.90
52 week High is 341.70 and 52 week Low is 171.75
Financial Year High is 275.15 and Low is 272.75
This year High is 341.70 and Low is 268.80
Canara Bank CANBK Daily Analysis to buy or sell
As per my analysis of Canara Bank CANBK, 12 day returns for Canara Bank CANBK have been negative, with total returns of -13.4, which is -4.64% with investment starting at 288.55.
An investment of 100,000 bucks in Canara Bank would have become 95360 bucks today.
Canara Bank CANBK moves in a range of 3.7 points on a day to day basis. This means that a total of approx 3.7 plus points of returns can be expected in a bullish day, and a total of 3.7 minus points can be expected in a bearish day.
This is about 1.34% of returns per day.
Canara Bank Munafa analysis, looking for Trend and BUY or SELL opportunities.
Stock is in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Canara Bank CANBK at this time.
It appears as if Canara Bank CANBK gave a large move recently.
Stock of Canara Bank (CANBK) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...
My analysis of Canara Bank is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Canara Bank stays below 276.7, but if it comes above 276.7, then a intra day buy could be more profitable.
If you take a sell trade below 276.7, then use 276.7 as stoploss and 262.9 as target. However if you take a buy trade in Canara Bank, then use 276.7 as stoploss and 288.13 as target.
You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm
Daily Candle Stick analysis of Canara Bank CANBK
Candle stick analysis of Canara Bank as on 28 Tue Mar 2023 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 3.4 HC: 2.5 LC: 0.9 OC: 1.6
Canara Bank is moving towards a low expiry
Candle stick analysis of Canara Bank as on 27 Mon Mar 2023 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 2.5 HC: 0.7 LC: 1.7 OC: 1.6
Canara Bank is moving towards a high expiry
Candle stick analysis of Canara Bank as on 24 Fri Mar 2023 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 3.3 HC: 2.8 LC: 0.5 OC: 0.6
Canara Bank is moving towards a low expiry
Candle stick analysis of Canara Bank as on 23 Thu Mar 2023 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 2.7 HC: 2.3 LC: 0.5 OC: 1
Canara Bank is moving towards a low expiry
Candle stick analysis of Canara Bank as on 22 Wed Mar 2023 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 1.6 HC: 1.3 LC: 0.4 OC: 1.3
Canara Bank is moving towards a low expiry
Canara Bank CANBK Weekly Analysis to buy or sell
As per my analysis of Canara Bank CANBK, 12 week returns for Canara Bank CANBK have been negative, with total returns of -49.45, which is -15.23% with investment starting at 324.60.
An investment of 100,000 bucks in Canara Bank would have become 84770 bucks today.
Canara Bank CANBK moves in a range of 11.1 points on a week to week basis. This means that a total of approx 11.1 plus points of returns can be expected in a bullish week, and a total of 11.1 minus points can be expected in a bearish week.
This is about 4.03% of returns per week.
Weekly Candle Stick analysis of Canara Bank CANBK
Candle stick analysis of Canara Bank as on 28 Tue Mar 2023 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 3.5 HC: 2.5 LC: 1 OC: 2.5
Canara Bank is moving towards a low expiry
Candle stick analysis of Canara Bank as on 24 Fri Mar 2023 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 5.9 HC: 5.4 LC: 0.5 OC: 3
Canara Bank is moving towards a low expiry
Candle stick analysis of Canara Bank as on 17 Fri Mar 2023 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 10.1 HC: 7.7 LC: 2.2 OC: 2.3
Canara Bank is moving towards a low expiry
Candle stick analysis of Canara Bank as on 10 Fri Mar 2023 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 6.2 HC: 5.2 LC: 1 OC: 2.3
Canara Bank is moving towards a low expiry
Candle stick analysis of Canara Bank as on 03 Fri Mar 2023 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 13.6 HC: 0.3 LC: 13.3 OC: 13
Canara Bank is moving towards a high expiry
Canara Bank CANBK Monthly Analysis to buy or sell
As per my analysis of Canara Bank CANBK, 12 month returns for Canara Bank CANBK have been positive, with total returns of 45.5, which is 19.81% with investment starting at 229.65.
An investment of 100,000 bucks in Canara Bank would have become 119810 bucks today.
Canara Bank CANBK moves in a range of 22.6 points on a month to month basis. This means that a total of approx 22.6 plus points of returns can be expected in a bullish month, and a total of 22.6 minus points can be expected in a bearish month.
This is about 8.21% of returns per month.
Monthly Candle Stick analysis of Canara Bank CANBK
Candle stick analysis of Canara Bank as on 28 Tue Mar 2023 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 16.4 HC: 14 LC: 2.1 OC: 15.8
Canara Bank is moving towards a low expiry
Candle stick analysis of Canara Bank as on 24 Fri Feb 2023 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 15 HC: 14 LC: 0.9 OC: 6.2
Canara Bank is moving towards a low expiry
Candle stick analysis of Canara Bank as on 27 Fri Jan 2023 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 19.4 HC: 17.4 LC: 1.7 OC: 1.7
Canara Bank is moving towards a low expiry
Candle stick analysis of Canara Bank as on 30 Fri Dec 2022 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 17 HC: 1 LC: 15.8 OC: 2.5
Canara Bank is moving towards a high expiry
Candle stick analysis of Canara Bank as on 25 Fri Nov 2022 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Canara Bank are:
HL: 17.1 HC: 2.2 LC: 14.6 OC: 15.2
Canara Bank is moving towards a high expiry
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