Breakout in Karnataka Bank.Almost 2 years range breakout. Bottoming out. Huge volume backing up last week.
KTKBANK trade ideas
Breakout in Karnataka Bank...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.
KTK Bank:Weekly Channel BreakoutKTK Bank Channel Breakout. Good signal for long term investment to make profits.
#karnatakabankbullish here. retest is buyable if you look things fundamentally, which reinforces tech view as well.
KTKBANKCMP: 80
Inverse Head and Shoulder breakout.
Good volume has been seen.
Can be added in dips.
Expectation: 92, 114
KTKBANK | RSI + Channel breakout, looks good for big targetsKTKBANK | RSI + Channel breakout, looks good for big target.
Consider it like investment entry, personally it was a tough stock for me to trade in smaller times.
CMP : 77
Short term SL : 60
KTK bank to go longLong KTK Bank above 74.15 SL 67 Target 110. Good risk to reward ratio. Stock is trading near the Weekly BO area. Wait for the Bo of weekly area. This is for your educational purpose only.
KARNATAKA BANK LTDKTK 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
Karnataka Bank - LongIf stock is able to give a BO above 75.50 levels, stock could head higher to 95-115 levels. Also it would be a BO from Inverted H&S pattern
KTKBANK - Inverted Head & Shoulder - Swing TradeThe 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 from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Karnataka Bank for a long termKarnataka bank is moving in a symmetric triangle pattern It's likely to cross ₹160 in next 1 to 2 years investors can start accumulating between ₹58 to ₹70 levels. The Karnataka Bank Ltd's earnings have declined by -1%, whereas share price has declined -7.6% CAGR over the past five years, indicating the company’s share price is likely undervalued.
Karnataka bank- 71.35Karnataka bank- 71.35, If it closes above with good volumes (which will happen very soon), then it (will be on multiyear breakout) can go to 85.7, 99.5 and above with a sl of 65 on closing basis. This is for educational purpose and any investment decision shall be taken after consulting financial adviser.
Karnataka Bank - 58.45Karnataka Bank- CMP 58.45. Will it reverse from support zone 57.6 to 58.45 ? To be seen. It can be taken at CMP and below with sl of 55 on CLBS for an immediate tar of 65, 69, 71, 74+++.
Its Book Value is 192. PE is 4.63 both book value and PE are very attractive.
This is for educational purpose only and any investment may be done after consulting finance adviser.
Karnataka Bank ConsolidationLooks like a breakout from long term consolidation for Karnatak bank. Retest also done expecting agood upmove also fundamentally very undervalued stock.
KTK BANKKTK Bank near multiple resistance level with showing good volumes
if it start trading above 75.20 levels and close it will break September 2019 levels Then
it will start further up move
I would like to recommend buy KTK bank above 75
for the target 87-95-100
stop loss 67.50
QUOTES ARE ONLY FOR EDUCATIONAL PURPOSE
KTKBANK, Don't miss this bumper setup for 16-SepLevel mentioned on chart.
Thanks
Piyush Gupta
Learn & Earn
Approaching long term resistance, can give good move if crossesApproaching long term resistance, can give good move if crosses
KTKBANKWith increased volume..................................................................................................................................
reversal done 1st target 75 followed by 86 and 98after a decline for 3 months this stock has given a strong reversal
karnatak bankprice has made a good bottom..formed rounding bottom ..trying to break 74 level...good to observe..if it breaks with good mementum and sustains..then good upward journey will come to next levels..
