NeeteshJain

KARUR VYSYA BANK - Descending Triangle Breakout

Long
BSE:KARURVYSYA   KARUR VYSYA BANK LTD
It is been observed that price action makes a strong support levels at 460 levels where it jumped back price action and formed a descending triangle . Now, it has confirmed a breakout from the triangle indicating further bullishness. It shall move forward to 500 levels as per the measuement of triangle rules.

Target: 500
Stoploss: 475
Trade closed: stop reached: Targets reached successfully. Regards
Trade closed: target reached: Trade achieved target successfully. Regards.
(Kindly avoid previous update)

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That was nailed !!
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