#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.
BUY : 65 TO 60
TARGET : 88, 121 & 155
Reason For Buying This Script :
In this script it is forming inverted head & shoulder patter in monthly time frame . Now the price is in right shoulder. Try to accumulate every dip. Don't miss this opportunity.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to...
KARNATAKA BANK as per Day Chart Analysis
ABOVE 152 TARGET 155
For the last four sessions FII had been selling and DII only in Marginal Buying.
Hence tomorrow being month end expiry trade safely....
Happy Profitable Trading to All.
Advance Happy New Year 2023 wishes to all....
#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...
17 Years Sideways Parallel Channel #Multiyear #Breakout at #KTKBANK (Karnataka Bank Ltd) Weekly Chart. Its #Outperformed #Nifty
BSE: 532652 / NSE : KTKBANK
What Is the Inverse Head and Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and...
Karnataka bank was given when it was at 84..from there it reach at 150+ in 2 month almost 80% gain...now stock is breaking big trendline. Fresh buy triggered at this level CMP: 151 sl:125(wcb) Target: 190/ above 190 target is open...as some minor correction is expected in market add more qty in dips
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...
KARNATAKA BANK
Chart Time Frame: WEEKLY
On Weekly Basis Time Frame the Stock has given a Good Breakout of Cup & Handle Pattern with decent volumes on the Chart
So as per the Chart Stock looks Good for Long Position for Short to Medium as per the Levels given below:
CMP - 84.25 or BoD 79
Target 1 - 90.40
Target 2 - 99.10
Target 3 - 108.00
SL - 70.50
Holding...
It is chart showing how RSI & Overbought & Oversold Zones help visually in finding low risk setups
Example chart Used - Karnataka bank
Indicator Used - RSI Color Zones by Feroz
Indicator link
Note: Not suggesting any Investing/Trade Idea. Its just for Educational Purpose.
A beautiful inverse head and shoulder pattern breakout in Karnataka Bank in weekly chart. We can wait for retest and deploy quantity accordingly.
Say we want to buy 100 shares. Buy 50 now and 50 on retest of breakout zone or moving average
