Canara Bank (Daily):
Canara Bank NSE:CANBK
Canara Bank (Daily):
A multi-month compression pattern is developing with declining volume, suggesting supply is gradually drying up.
🟢 Bullish Trigger: Strong daily close above the trendline with above-average volume could fuel a move towards ₹160–163.
🔴 Invalidation: A breakdown below ₹121 on heavy volume would negate the bullish setup.
Watch for price + volume confirmation and do not anticipate the move.
Note: Trade probabilities, not predictions.