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KTKBANK
+ Volatility Contraction pattern
+ Trading at ATH
+ Trading above Key EMAs
+ Strong Relative Strength
KTKBANK trade ideas
Karnataka Bank - Long Setup, Move is ON...#KTKBANK trading above Resistance of 244
Next Resistance is at 375
Support is at 133
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support 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.
Karnataka Bank - Long Setup, Move is ON...#KTKBANK trading above Resistance of 164
Next Resistance is at 244
Support is at 126
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support 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.
Karnataka Bank gains 4%Karnataka Bank gains 4%, hits over 15-year high on fund raising plans
The board of the private sector lender is scheduled to meet on Friday, September 22, 2023 to consider the raising of funds by issue of equity shares / any other equity linked securities.
Shares of Karnataka Bank hit over 15-year high at Rs 249.95, as they gained 4 per cent on the BSE in Wednesday’s intra-day trade in an otherwise weak market after the bank announced plans to raise fresh funds.
Karnataka Bank - Multi-year BreakoutKarnataka Bank Limited is engaged in providing a range of banking and financial services, including retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business.
Financial Metrics:
TTM EPS: 37.74
TTM PE: 5.74
P/B: 0.87
Face Value: 10
Mkt Cap (Rs. Cr.): 6,765
Dividend Yield: 1.85
Sector PE: 24.43
Book Value Per Share: 250.06
Positives:
Strong Momentum: Price above short, medium and long term moving averages
Company with high TTM EPS Growth
Strong Annual EPS Growth
Growth in Net Profit with increasing Profit Margin (QoQ)
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company with Low Debt
Increasing Revenue every Quarter for the past 4 Quarters
Annual Net Profits improving for last 2 years
Book Value per share Improving for last 2 years
FII / FPI or Institutions increasing their shareholding
Near 52 Week High
Negatives:
Declining Net Cash Flow : Companies not able to generate net cash
Over the last 5 years, revenue has grown at a yearly rate of 5.19%, vs industry avg of 12.05%
Over the last 5 years, market share decreased from 1.43% to 1.05%
NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
Karnataka bank weekly & monthly breakoutKarnataka bank
weekly & monthly breakout & DC @243.75 above breakout level of 238.with huge volume on daily chart with full bullish marubozu candle on daily chart showing very good strength with bullish RSI & RS indicator..
Buy above 244
Sl 220
Tgt 263-280-298-308 as per fib & pivot
a correction in impulse / correction in #KARNATAKA BANK. #SBINElliott 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.
The Karnataka bank give the similar pattern like SBIN.
Karnataka bank to go long.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.
KARNATAKA BANK - 65% RETURNS!!!BUY - KARNATAKA BANK
CMP - Rs. 133
Target - 1: Rs. 165
Target - 2: Rs. 190
Target - 3: Rs. 220
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Technicals - Cup and Handle Pattern
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This is just a view by an expert analyst, please invest at your own risk.
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Karnataka Bank (Cup & Handle)NSE:KTKBANK have formed Cup and handle pattern on weekly time frame. Already first entry have passed now it's time for second entry but for serious and patient investor only.
Disclaimer: My ideas are not for recommendation purpose. Just sharing ideas with community.
Multi year breakout stock idea on Karnataka Bank I daily make educational content videos for swing / positional ideas
Karnataka Bank: Still one can enter for a long setup
KTKBank is trending up, possibly target price to hit 190.00 Still very good setup to go up once it clears the line of resistance.
Flag and Pole pattern has already given a breakout followed by two legged correction. Spike phase is still trending on daily chart.
SL can be very well placed at the pullback showed at 146.35 or more comfortable one can be at 136.
Please note that this is more of educational purpose and it's important to note that this analysis is based on technical indicators
so further research and analysis are recommended before anyone making any investment decisions.
KTKBANK - Ichimoku BreakoutStock 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 174
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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KTKBANK AT GOOD SUPPORT....KTKBANK
BUY : 128-129
TARGET : 141
DISCLAIMER - We are not a SEBI Registered Advisors. This channel is purely for Educational purposes only. We will not be responsible for your profit and loss.
KTK bank Stage analysis - Stage 2 breakoutKTK bank Stage analysis - Stage 2 breakout.
Entry - 155-162
SL - 144.8
Note : Only for learning, trade at your own risk.
KTKBANK - Symmetrical TriangleNSE:KTKBANK
Karnataka bank Positional pick
All levels and analysis are marked on the chart.
This is only for educational purposes only.
Always trade with stop-loss.
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Keep Learning,
Happy Trading!
karnataka bank chart looking good above 165 can give spike can enter near 150 with stop loss at 130 for target 180,200
rounding bottom & triangle pattern breakout reach 200 soonrounding bottom & triangle pattern breakout in karnataka bank so the price will reach 200
KTKBANK BULLISH#KTKBANK is now gives a #breakout the #reason of #breakout is #volume is higher than #previous days and also #ADX is show the #bullish move. My #Targets are 175-190.
