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MandeepSinghKohli
Nov 14, 2021 12:46 PM

Breakout in Karnataka Bank... Long

KARNATAKA BANKNSE

Description

Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.

Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Comments
Akshat2012
Hello Sir,
Yellow line is entry line in all the analysis you post? Please confirm.
MandeepSinghKohli
@Akshat2012 It's a breakout level about which trade is ON...
dnpmail
What is time duration for target1?
MandeepSinghKohli
@dnpmail, 3 to 12 months...
rrbhandari12
Hi Mandeep, I had took this trade and with charts, it looks like it at our SL. I know the markets are down due to Geopolitical issue - hence the script is down. However, do I exit my trade or wait? Please advise, thank you in advance.
MandeepSinghKohli
@rrbhandari12, As per charts SL is hit so one should exit. Good thing is that the fall is on low volume and 57 is acting as good support. As per setup next big support is at 49. Please note that I am not SEBI registered and I am just sharing charts setups. This is not buy, sell or hold recommendation. Please consult your financial advisor before taking any action.
rrbhandari12
@MandeepSinghKohli, Hi Mandeep, Thank you for your advise.
sufakir
can i take entry here??
MandeepSinghKohli
@sufakir, It is at lower end of it's channel so can add around 59-60 levels. Markets are in correction mode so avoid big positions.
dnpmail
Is it breakout failure? Can take entry at @70
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