back to top

Call us at : 011 4106 5208 / +91-7011197831



Canara Bank stock price went down today 8 may 2024 by -3.25% stock closed at 576.85 per share, the stock is currently trading at 568.1 per share, investor should monitor Canara Bank stock price closely incoming days and weeks.

Canara Bank is operating in the finance banks public sector and is classified as a large cap on the BSE, currently it has share price at 550.15. the stock has experienced the fluctuation today with a law of 548.5 and high of 568.1. what the past 52 weeks these shares have seen a low of 291.3 and high of 632.65. according to the performance basis Canara has soon return of -1.34 in one day -9.45 over the past month and- 3.5 to in the last 3 months.

After analysing the technicals the daily by pivot level for the stock is set at 557.13. the resistance levels are identified as R1 at 564.22 and R2 at 575.18 and R3 at on the support side the levels are marked as S1 at 546.17,S2 at 539.08 and S3 aT 528.12.

in the real of technical analysis for our subject stock the moving average is present a detailed picture. Over a short span of 5 days the simple moving average sma stands at 608.88 while exponential moving average (EMA) is noted as 586.05.

As we broaden our horizon to 20 days the SMA source a value of 604.58 and the Ema aligns at closely 597.24. more comprehensive look over 50 days states that the sma at 586.55 and the Ema at a similar 579.32.

entering into a longer term prospective the 100 days is brings the SMA 586.5 and the EMA to 579.32. and finally over an extensive 200 days period the stocks SMA is observed at 586.5 with the  EMA trailing at 579.32.

these moving average figures of both wheels so various time frames provide a deep understanding of stock performance and are important in saving the investment strategies.

Decrease in future price couple with increased open interest in Canara Bank indicates potential downward price trend in the upcoming days. The traders may consider maintaining their short positions accordingly.

Add Business Connect magazine to your Google News feed

Read Also:


Please enter your comment!
Please enter your name here


Taksha Smartlabz

Taksha Smartlabz EDUCATION FOR ALL: Transforming Lives And Careers With the world sheltering itself inside their houses in a bid to escape from the virus, online education has been seen becoming...

Stock Market

Person of the month

Related Articles

Former Bihar Deputy Chief Minister Sushil Kumar Modi Succumbs...

Former Bihar Deputy Chief Minister Sushil Kumar Modi Succumbs to Cancer on May 13, 2024 Senior BJP leader and Former...

ISRO , Indian space industry offers tremendous opportunity for...

ISRO the Indian space industry, offers tremendous opportunity for the private sector: ISRO CHIEF Recently, ISRO has successfully conducted a...

Mr. Shashi Kant Chaurasia Arrested for Defrauding Advertising Firm

Mr. Shashi Kant Chaurasia Arrested for Defrauding Advertising Firm , – In a significant development, Mr. Shashi Kant Chaurasia...

Top 10 Upcoming DC Movies And Webseries

Top 10 Upcoming DC Movies and Webseries Written By Anurag Tiwari In the next years, DC's television and movie timetable will...