KTKBANK trade ideas
KTKBANK longAccumulate KTK BANK in between 59-61
with SL 57
Target 1= 73-75
target 2= 83-85
Short term view hold it for next quarter result
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
KTKBANK | Trading & Investment pick - Near good area of valueKTKBANK | Trading & Investment pick - Looks good for doubling - Near good area of value
CMP : 64 (Dip : 60)
SL : 54
Target : 125, 150
1:10+ risk reward setup
KTKBANK | Value stock & Conservative entry for swingKTKBANK | Value stock & Conservative swing entry for 20%
CMP : 62 (Dip @ 60)
SL : 57
Target : 72
(P.S : The stock is analyzed in Daily time frame only, for the better visual i just compressed and posting as 2D chart)
building up for major uptrendCup and handle with upside potential to touch 110, if the price sustains above 75.6 Wclbs.
KARNATAKA BANK Reverse Head and Shoulders Breakout NSE:KTKBANK Levels are Mentioned in the chart... Good for swing/midterm trading...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
KTKBANK, KARNATAKA BANK,W , 20% +30% = 50% gain opportunityKarnataka Bank, about to form inverted Head & shoulder. As banknifty looks bullish , It may give a breakout even before forming a pattern.
All levels are marked on the chart.
I can see the opportunity to gain 20% very soon, after that it needs to cross the 200sma and Trendline resistance. then more upside around 30% in the coming months.
PS: All analyses are for educational purposes only.
KTKBANK | Cup & Handle + RSI breakout | Looks good for 20%KTKBANK | Cup & Handle + RSI breakout | Looks good for 20%
CMP : 68.50
SL : 64
Target : 84
Karnataka Bank- Short term trade.Chart is self descriptive.
Note: Take the trade after proper analysis. This chart is for educational purpose only.
KTKBANK - Despite big fall showing recovery with momentumPositional analyze for Short term holding (may take some quarters)
Weekly time frame for the last 8 months price was making Lower low, after big fall now RSI Bullish divergence occurring. High probability the price will goto its previous level of Rs.70/-
CMP : 43.25
Any dip / fall is an opportunity for accumulation until 34/-
SL : 30
Target : 70, 88
If you switch to DAILY time frame you will see Inverted Head & Shoulder pattern in forming which is another confirmation and high probability setup.
They provide Rs. 3.50 dividend on average at this price range, it is almost 7% yield per annum and stock is available at 0.25 Price to Book. Due to pressure on the financial sector the stock might be struggling to shoot up. Still it is a good opportunity for us. I'm hoping the stock will continue to attract the investors shortly.
KTKBANK | Breakout zone is retesting - Low volatile value stockKTKBANK | Breakout zone is retesting - Low volatile value stock - Looks good for 40%
CMP : 62.70
SL : 58
Target : 84
BUY KARNATAKA BANK WITH A SL OF 49.70 AND TARGET OF 62.RISK/REWARD RATIO IN THIS TRADE IS 1.5 : 10 WHICH MEANS WITH THE RISK OF 1.50 RUPEE YOU CAN GET UPTO RUPEES 10.80
STOCK IS TRADING ABOVE 200 EMA OF 48.80
STOCK HAS MOVED 22% IN THE LAST 1 MONTH AND 8.35 % IN THE LAST WEEK WHICH CLEARLY PROVES THAT THE STOCK IS AN UPTREND
FUNDAMENTALLY STOCK IS TRADING AT A VERY CHEAP VALUATION OF 3.42 PE (PRIVATE BANK)
PRICE TO BOOK VALUE OF 0.27
KARNATAKA BANAK ANALYSIS 09.11.2020BUY 42 TO 41
TARGET 46 TO 50
ONCE IF IT BREAK 50 AND CLOSE ABOVE 50 IN DAILY CHERT TIME FREME AND THE NEXT TARGE UP TO 54 .
