CANBK

CANARA BANK में चार्ट पर जबरदस्त Breakout, तेज़ी की रफ़्तार छू रही है नया स्तर!

Daily Technical Chart View

Canara Bank is showing a neutral to slightly bullish phase on the daily chart. The RSI is around 49, indicating moderate strength without any extreme overbought or oversold situation. Short-term moving averages like MA5, MA10, and MA20 are mixed, some showing sell signals, while longer-term averages such as MA100 and MA200 act as resistance around ₹112. Immediate support is seen near ₹110, with resistance at ₹111.5-112. Overall, technical indicators show a cautious stance with high volatility, suggesting range-bound trading in the short term. Recent Important News •Canara Bank’s share price surged recently due to plans for selling part of its stake in Canara Robeco AMC’s IPO, potentially unlocking shareholder value. •Stock touched a 52-week high of ₹121.9 on 23 Sept 2025, showing robust recovery and investor interest. •The bank’s digital transformation and financial inclusion efforts continue to gain traction, supported by partnerships and innovation. •Recruitment drive for apprentices underway, signaling growth and expansion in manpower.