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ParyataK

KVB Bank 15 min Chart; Bullish Pennant Formation

Long
KARUR VYSYA BANK (NSE:KARURVYSYA)  
ParyataK Updated   
NSE:KARURVYSYA   KARUR VYSYA BANK
Trend Analysis Chart Patterns KARURVYSYA kvb psubanks BANKNIFTY indianbanks longcall Bullish Pennant 15min 15mincharts
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trendanalysis chartpattern karurvysya kvb psubanks banknifty indianbanks longcall bullishpennant 15min 15mincharts
On 9th Nov 2021, the stock gave a strong upmove as the market opened, thereby consolidating over the day. The structure resembles a bullish pennant formation on 15 min chart (Quite visible at 1H charts too). Support Region remains around 55.5-55.6. A breakout from here can instill fresh momentum in the stock and further upmove.


**I am not a SEBI Registered Advisor, Kindly consult your advisor before taking Trade**
Comment:
The stock broke out of this pennant with strong volumes, a further strong upmove expected.
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