Canara Bank
₹116.16
-4.78 (3.95%)
Wed, 28 Oct 2026, 06:42 pm
Finance
Major Banks
24.5KCanara Bank Technical Analysis
Support and Resistance
| Type | R3 | R2 | R1 | PP | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | 123.47 | 120.54 | 119.04 | 117.61 | 116.11 | 114.68 | 111.75 |
| Fibonacci | 120.54 | 119.42 | 118.73 | 117.61 | 116.49 | 115.80 | 114.68 |
| Camarilla | 118.36 | 118.09 | 117.82 | 117.61 | 117.28 | 117.01 | 116.74 |
Pivots Level: Classic
R3
+5.86
123.47
R2
+2.93
120.54
R1
+1.44
119.04
S1
-1.49
116.11
S2
-2.93
114.68
S3
-5.86
111.75
Pivots Level: camarilla
R3
+0.75
118.36
R2
+0.48
118.09
R1
+0.21
117.82
S1
-0.33
117.28
S2
-0.59
117.01
S3
-0.86
116.74
Moving Average
Period
Value
10-EMA
117.81
20-EMA
117.72
30-EMA
117.65
50-EMA
117.57
100-EMA
117.75
200-EMA
118.32
Technical Indicators
Period
Value
ADX
17.04
ADX+DI
19.97
ADX+DI[1]
21.21
ADX-DI
18.09
ADX-DI[1]
18.33
AO
0.27
AO[1]
0.29
AO[2]
0.31
BBPower
0.06
CCI20
43.70
CCI20[1]
52.91
HullMA9
117.74
Ichimoku.BLine
117.48
MACD.macd
0.12
MACD.signal
0.11
Mom
0.14
Mom[1]
0.20
RSI
55.46
RSI[1]
54.96
Rec.BBPower
0
Rec.HullMA9
1
Rec.Ichimoku
0
Rec.Stoch.RSI
0
Rec.UO
0
Rec.VWMA
1
Rec.WR
0
Recommend.All
0.27
Recommend.MA
0.53
Recommend.Other
0
Stoch.D
50.09
Stoch.D[1]
31.93
Stoch.K
46.63
Stoch.K[1]
25.66
Stoch.RSI.K
26.30
UO
45.56
VWMA
117.65
W.R
-53.28
close
117.85
Canara Bank Technical Analysis
Canara Bank technical analysis is gaining attention among traders and investors tracking Canara Bank Technical Analysis trends in the Indian stock market. Canara Bank (NSE: CANBK, BSE: 532483) is currently trading at ₹116.16, showing a -3.95% move as of Wed, Oct 28, 2026.
This detailed Canara Bank technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.
Canara Bank Stock Overview
Canara Bank operates in the Finance sector under the Major banks industry. With a market capitalization of ₹105582.38Cr and a PE ratio of 5.17, Canara Bank remains a key stock to watch in Canara Bank Technical Analysis searches.
Key Metrics
- Market Cap: ₹105582.38Cr
- PE Ratio: 5.17
- Dividend Yield: 3.61
- Sector: Finance
- Industry: Major banks
These fundamentals play an important role in Canara Bank technical analysis and valuation tracking.
Canara Bank Support and Resistance Levels
Classic Pivot Levels
In Canara Bank technical analysis, pivot levels help identify potential reversal and breakout zones.
- Resistance 3: 143.37
- Resistance 2: 132.71
- Resistance 1: 126.08
- Pivot Point: 122.05
- Support 1: 115.42
- Support 2: 111.39
- Support 3: 100.73
Conditional Insight
Canara Bank technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 115.42 and 111.39.
Fibonacci Levels Analysis
Fibonacci levels are widely used in Canara Bank technical analysis to identify retracement zones.
- Fibonacci R3: 132.71
- Fibonacci R2: 128.64
- Fibonacci R1: 126.13
- Fibonacci Pivot: 122.05
- Fibonacci S1: 117.98
- Fibonacci S2: 115.47
- Fibonacci S3: 111.39
Canara Bank technical analysis shows the stock trading near Fibonacci support, indicating possible oversold conditions and bounce potential.
Canara Bank Moving Average Analysis
Moving averages are key indicators in Canara Bank technical analysis for identifying trend direction.
- 10 EMA: 118.66
- 20 EMA: 119.66
- 30 EMA: 120.65
- 50 EMA: 122.37
- 100 EMA: 125.68
- 200 EMA: 128.13
Trend Logic
Canara Bank technical analysis indicates bearish pressure, with price trading below key moving averages.
Long-term Canara Bank technical analysis remains bearish as the stock trades below the 200 EMA.
Canara Bank Technical Indicators Overview
Momentum Indicators
- RSI: 44.46
- MACD: -1.40
- Signal: -1.39
- ADX: 13.16
- Momentum: -2.62
RSI Logic
Canara Bank technical analysis shows RSI in neutral range, suggesting consolidation.
MACD Logic
Canara Bank technical analysis indicates bearish momentum with MACD below signal line.
Canara Bank Overall Recommendation
- Overall Recommendation Score: -0.49
- Moving Average Recommendation: -0.80
- Other Indicators Recommendation: -0.18
Overall Canara Bank technical analysis sentiment remains bearish based on current indicators.
Canara Bank Technical Analysis Conclusion
Canara Bank technical analysis suggests that traders should closely monitor price action around ₹116.16 and key pivot level 122.05. Breakouts above resistance or breakdown below support will define the next trend in Canara Bank technical analysis.
Investors searching for Canara Bank Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Canara Bank technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.
