Is CANARA BANK in uptrend or downtrend?

In the short term price movements in CANBK share indicates the market is Sideways. However, the bulls are trying to absorb supply to take control.

What is CANARA BANK share price forecast for tomorrow?

In Canara Bank stock current resistance level is at 142 and support level is at 131. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are CANARA BANK support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Canara Bank in the short-term, the supply zone around 142 and 140. Hence, good chances of resistance around 140. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Canara Bank share is around 131 and 130. Hence, good chances for support around 130.

Why is CANARA BANK share price falling today?

Perhaps CANBK stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

CANARA BANK Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data