#KTKBANK is getting ready for breakout.
Looks like IHS pattern to me. So Kept in radar.
Accumulated a little --> will add main chunk after breakout confirmation only
Still need to check relative strength & momentum as it is PSU bank. Bcuz they don't usually move.
KTKBANK:- breakout soon after 14 year, keep on eye.....
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on...
Stock Name - The Karnataka Bank Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 113
#This is not Buy and Sell recommendation to any one. This is for...
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. ...
Stock Name - The Karnataka Bank Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at CMP
and more bullishness AFTER crossing 73.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a...
CHART -> KTK Bank WEEKLY SETUP
As seen through charts, KTK Bank weekly chart is trading in bullish channel. Also in the upcoming budget of 2022, PSU Banks will be on radar.
One can take long term decisions by looking at this channel, while making the below trendline as weekly closing stop loss.
Disclaimer: This is for educational purpose only. This is not any...
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.
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
The analysis is done on daily TF hence price may take few days to few weeks or even months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn...
keep eye on KTKbank
resistance line breakout with huge volume
and declared good result
buy only small qty near 50
low risk trader can buy near 45-47
Target 54 59 63
SL closing below 44
