bhagat109

Possible breakout- Keep an eye

Long
bhagat109 Updated   
NSE:KARURVYSYA   KARUR VYSYA BANK
Karur Vysya has spiked with huge volume making a 10% move intraday.
If in the next trading day it crosses >50 one can go long.
Target 1- 56
Trgt 2- 60
SL- 48.
(PS- wait for breakout > 50. will also work intraday but targets may vary.)
Comment:
Beautiful breakout.
Trade closed: target reached:
Made a high of 59.70
One can keep a stoploss or just exit.
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.