tRex88
Long

Karur Vysya Bank BUY setup

NSE:KARURVYSYA   KARUR VYSYA BANK
Buy Karur Vysya Bank above 151
It can also be observed that MACD is also mimicking the rounding bottom of the price action.

T1: 170
T2: 190
T3: 210

SL: 137
Trade active
Trade closed: stop reached
Comment: Karur Vysya Bank had a rights issue in the ratio of 1:6 at a premium of Rs 74

http://www.bseindia.com/xml-data/corpfiling/AttachLive/FF651DC5_28D2_4BE3_8054_999DACBD71A7_120336.PDF
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