KTKBANK / KARNATAKA BANK - Previous All Time High BreakoutKTKBANK
1) Time Frame - Weekly.
2) Previous Life Time High was 194.60 in the year 2008. It was broken on July 2023 & Sustained / Consolidated for 6 months above the price 194.60 and marked a breakout with strong bullish candle and closed at All Time High currently.
3) The next resistance would be in between the price 300 to 314.
4) Recommendation - Strong Buy
Sustainability
JUSTDIALJUSTDIAL:- The stock was running in parallel channel for a long time, now it has given a breakout of the upside trendline of that channel and is trying to sustain above the resistance, if it sustains, then you can make a plan for upside, till then keep an eye on the stock
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rest details mentioned in the chart.
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SENSEX ANALYSISThis is the monthly chart of Sensex.
A trendline is seen right from 2008; and current trend (from dec 2020) is taking support from this trendline.
Also, current level is facing resistance from a crucial psychological barrier, which is the ATH (All time high) of sensex; 52537.89.
This barrier is also a resistance point according to the Fibonacci levels.
Sustainment (on closing basis) above 52537.89 can lead to a big bullish move in this index, touching approx 60,000 in a year or so.
FOLLOW IF YOU LIKE THE ANALYSIS
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BOMBAY DYEING LONGBreakout on daily charts with brilliant volumes.
Seeing some selling pressure currently. Good to buy if sustains above 96.50 today.
Add on retracements (after bounce back form retracements, add more)
ENTRY: Above 96.50 (if sustains)
Targets: 105, 115, 122++ (obeying the path marked)
Stop loss: 91.30 (Considering buying around 96.50)
TRAIL STOP LOSS
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THANKS
JUST DIAL LONG4 year old trendline breakout with good volumes and sustainability above the breakout zone.
Entry: CMP (Retracement may be seen, so buy half quantity here)
Targets: 1174, 1290, 1380
Stop loss: 935
TRAIL STOP LOSS
FOLLOW IF YOU LIKE THE ANALYSIS
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TVSMOTOR | Short time investment opportunityTVSMOTOR | Short time investment opportunity.
Breakout above the wedge, Sustained to close above last 4 weeks
CMP : 457 (Can buy upto 430)
SL : 420
Target : 515, 600
In my opinion it may consolidate for few weeks to months.
(P.S : Have shared atleast 110+ charts in tradingview community and i used to put a google spread sheet link where i have the records analytics i post with the live status. But due to tradingview rule they removed all my charts all of a sudden. Hence i lost almost more than 65+ charts shared earlier. However i will continue to share the charts in future without link by abiding to the platform rules.)