Hi This looks very good buy setup, very classical pattern. Look for breakout of this falling channel, don't enter before breakout because it can turn into other pattern. right now on the basis of what we have in this chart, I'm looking for breakout only.
Details: Asset: Karnataka Bank Limited (KTKBANK) Breakout Level: Sustaining above 245 Potential Target: 285 and beyond Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Karnataka Bank Limited (KTKBANK) is approaching a potential breakout level around 245. Sustaining above this level could signal a bullish...
Elliott Wave Analysis 1) Impulse Wave:- there is a chance of 3rd major wave ending and the 4th impulse wave is taking place. after a fall we can accumulate. 2). Corrective Wave:- (complex correction) A correction wave had completed and now the connecting wave X is forming may be the next wave can be a formation of Y or a complex correction. ...
Long KTK bank between 215-220. This stock has formed higher highs and lower lows. Stock is trading at an all-time high level. The target of 250+ can be done in 4 to 5 weeks. Currently, the stock is in consolidation mode & a high probability that the stock will bounce back from the current levels. This is for your educational purpose only.
BUY - KARNATAKA BANK CMP - Rs. 133 Target - 1: Rs. 165 Target - 2: Rs. 190 Target - 3: Rs. 220 . . Technicals - Cup and Handle Pattern . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
KARNATAKA BANK as per Day Chart Analysis ABOVE 152 TARGET 155 For the last four sessions FII had been selling and DII only in Marginal Buying. Hence tomorrow being month end expiry trade safely.... Happy Profitable Trading to All. Advance Happy New Year 2023 wishes to all....
KARNATAKA BANK as per Day Chart Analysis Stock ABOVE 144 TARGET 149. Happy Profitable Trading to all....
Market Cap 2,702 Cr. Stock P/E 5.23 Industry P/E 17.5 Dividend Yield 4.61 % ROCE- 5.09 % ROCE3yr avg 5.63 % Face Value 10 OPM 56.3 %
#KarnatakaBank CMP 89 a very good bo seen seems ready for 97/105/114 Good Funda and growing presence
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Karnataka bank posts its highest ever profit. Book Value: 214 Volume in past are good with big green towers can be seen. 1 fake breakout in Nov'21 Can it give true breakout this time ? 200 EMA is acting as its resistance, needs to be taken out to confirm breakout. Trendline indicates that this script has potential to reach 164 . . . 214. let's see Disclaimer: Not...
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.
CMP: 80 Inverse Head and Shoulder breakout. Good volume has been seen. Can be added in dips. Expectation: 92, 114
KTK BANK is in Wolfe Wave, the good thing is it is about to get triggered. This is a weekly TF chart. Once it gives a weekly closing above 74. Then it will give a stellar move towards 128 ( P4 of Wolfe Wave). Few intermediate targets would be 99-115. This is a stock which you should have for Diwali. Chart & Analysis - Adarsh Dey
Karnataka bank is moving in a symmetric triangle pattern It's likely to cross ₹160 in next 1 to 2 years investors can start accumulating between ₹58 to ₹70 levels. The Karnataka Bank Ltd's earnings have declined by -1%, whereas share price has declined -7.6% CAGR over the past five years, indicating the company’s share price is likely undervalued.
1.Daily MACD crossover may happen on upcoming days 2. Symm.triangle breakout done. 3.Weely indicators are slowly turning to bearish to bullish.