KTKBANK trade ideas
Karnataka Bank short term viewWeekly and daily MACD crossover, Low stoch in weekly chart are helps to move up further levels.(Trend lines are drawn from weekly chart)
CMP:158.9
Targets:
161
167
176
182
Stoploss:
147(Long) on closing basis
153(short term) on closing basis
Vijayaraghavan,
Inditrade, Kovilpatti.
KTK BANK - ASCENDING TRIANGLE BREAKOUT TGT 178-180ASCENDING TRIANGLE BREAKOUT PATTERN TGT 178-180
(BUY AROUND 165 SL 159 TGT 178-180)
CMP 165
Ktk Bank - Positional buy callBuy at cmp 167-68 for a target of 192-195. SL 159.
(Note - SL for my trades should be price holding below that level for atleast half n hour)
Karnataka BankThe stock seems to be breaking out on weekly charts as well. Will it be able to close at CMP by close? Let's see!
KTK Bank - gaining momentumKtk bank retraced to 133 from 160.
Now in resuming uptrend it has reached to 50% Fib Level.
If the stock continues recent trend and sustains above 157, one can go long with SL below latest swing low 148
keeping 180 as target.
KTK BANK - LongKTK Bank is currently forming an Ascending Channel.
The height of the triangle is approximately 20 points.
Go long for target of 160 with a CBSL of 148
soon you will see karnataka bank to reach 161 and odd levelsprice is above 50 days moving average on the daily chart and weekly chart also suport the technicals
KTKBANK: Take Swing AdvantageBearish BUTTERFLY in Progress.
Both Lead & Laggard Indicators & some oscillators shows bullishness.
Go LONG: Last closing Price +/- 0.5%
Best LONG: @ 150.20 - @ 148
TARGET: @152.3, @ 153.15, @ 154.15 - @ 155 (HZ), @ 157.15
SL: @ 145.90- (By Closing)
Trailing Stop Loss: @ 143.30-
SOME IMPORTANT LEVELS FOR FUTURE TRADE:
RESISTANCE: @152.65, @ 153.35, @ 154.5 - @ 155.3 (HZ), @ 157.5+
SUPPORT: @ 150.35, @ 149.6, @ 148.5 - @ 147.7 (BZ), @ 145.5-
More Updates on Market hours. (if necessary)
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Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
Have not follow time-line all the time, Sorry in Advance if view conflicts.
KTKBANK : If trend repeats ?As per 30 mins. chart, Doji alike candlestick has formed after good volume candlestick engulf so chances could be and history might repeat as Scrip might pullback so one might seek SHORT opportunity towards TP as mentioned or if, the scrip manages to surge further, One can aim towards long of 52-week highs
Rest in charts..
KTKBANK (Long-term investment pick)Massive breakout. Long way to go!
Can place a stop loss at 130 and keep on accumulating on every dip.
it can pull back upto 155 in next week, price is above the 50 day moving average so it is safe to trade on next week for thhe target of 155
Bullish AB C leg took support n bounced can accumulate till 130 Bullish AB C leg took support n bounced can accumulate till 130 zone with 125 SL tgt 150 /165 +
Head and Shoulders - Breakout AwaitedKTKBANK has made H&S pattern on daily chart, need breakout below 153. Rest targets are given on charts.
Without confirmation not advised to enter the position. Have good trade.
here it is at the cusp of make or break major support falls in the range of 138 to 146. closing below 146 invites to the downside upto 138
I bought ktkbank at 158.15 it can bounce ( support at 156)ktkbank has low p/e and have a nice head and shoulder pattern with support around 156.
hope to see a good upside.
Possible buy set up for short term tern I am looking to buy above 161 for target of 172 , after making to top trend line i will look for sell set up as the trend may start falling down
Regards
Karnataka Bank Possible reversal Price Zone I am not looking any further rally in this stock , down ward momentum is high , its on pause Currently but i am looking the reversal of price Near 140+-3 Points ,
its My personal view
Regards
