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)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.