If it gives a breakout then u can enter for swing Long.
Almost 2 years range breakout. Bottoming out. Huge volume backing up last week.
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
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...
ktkbank chart analysis for intraday and swing trading
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
Buy above 82, targets open. Stop loss 76
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...
One might sell Karnataka Bank with SL of 146 with potential targets at 130/127/123. Adjust volumes as per entry price.
Buy KTKBANK at CMP (114+) and on dips upto 106 Targets: Open SL: 92
Karnataka Bank historical weekly chart shows that the major trend is still up. It could either go sideways from here or fall further towards the pitchfork bottom before bouncing. So every dip up to 80-90 zone for next couple of years is a buying opportunity. Maintain strict SL 74
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