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.
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...
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
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
Refer Chart .. Round top formation breakout done. Indicators also showing weak signals on day and weekly chart. Target and stoploss given as per pattern.
Vijayaraghavan.K,
Chennai.
KTKBANK is consolidating between 130<>138 for more than a week, we'll look for trades on either sides
Entry : Long Abv 138 <=> Short Blw 130 Range
Stoploss : 5% (Closing Basis)
Basic Target: 10%
if you have any queries regarding above idea or any other stock feel free to D'M
Announcement : Recently we launched, TruStox Community a...
1) Resistance at triple top
2) Bank is unabale to show credit growth in last 5-6 quaters
3) Though it trades at less than book value , trend has been negative
4) BN bearish likely to pull it back to 107 levels
5) Moving in a channel
