KARNATAKA BANK
Chart Time Frame: WEEKLY
On Weekly Basis Time Frame the Stock has given a Good Breakout of Cup & Handle Pattern with decent volumes on the Chart
So as per the Chart Stock looks Good for Long Position for Short to Medium as per the Levels given below:
CMP - 84.25 or BoD 79
Target 1 - 90.40
Target 2 - 99.10
Target 3 - 108.00
SL - 70.50
Holding Time Frame - Short to Medium Term
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
Chart Time Frame: WEEKLY
On Weekly Basis Time Frame the Stock has given a Good Breakout of Cup & Handle Pattern with decent volumes on the Chart
So as per the Chart Stock looks Good for Long Position for Short to Medium as per the Levels given below:
CMP - 84.25 or BoD 79
Target 1 - 90.40
Target 2 - 99.10
Target 3 - 108.00
SL - 70.50
Holding Time Frame - Short to Medium Term
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
Note
Target 1 - 90.40 hits todayNote
Target 2 - 99.10 hits todayNote
Target 3 - 108.00 also hits todayNote
All 3 levels achieved today and locked in upper circuit of 20% at 112.65 which is a super return of 33.07% in 1.5 months and as per the chart shows that more steam is left up-to 118 / 128 /138
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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.
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.