Nice Long SetupHi This looks very good buy setup, very classical pattern. Look for breakout of this falling channel, don't enter before breakout because it can turn into other pattern. right now on the basis of what we have in this chart, I'm looking for breakout only. Longby Honey_Sharma_1
Potential Breakout: Karnataka Bank Eyeing Upside Towards 285Details: Asset: Karnataka Bank Limited (KTKBANK) Breakout Level: Sustaining above 245 Potential Target: 285 and beyond Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Karnataka Bank Limited (KTKBANK) is approaching a potential breakout level around 245. Sustaining above this level could signal a bullish sentiment shift, potentially leading to further upside momentum. If the breakout occurs and is sustained, KTKBANK could target 285 and beyond in the near future. Market Analysis: Technical Breakout: A sustained move above 245 would indicate a technical breakout, attracting buying interest and potentially driving the price higher. Market Sentiment: Positive market sentiment or company-specific catalysts may be contributing to the anticipated breakout in KTKBANK. Price Target: The initial target for KTKBANK is set at 285, with potential for further upside depending on market dynamics and investor sentiment. Risk Management: It's important to implement a stop loss strategy below the breakout level to manage risk in case of unexpected price reversals. Timeframe: The projected target of 285 and beyond is based on a short to medium-term outlook, but actual timing may vary based on market conditions. Risk-Reward Ratio: Consider individual risk tolerance and adjust position size accordingly to maintain a favorable risk-reward ratio. As with any investment opportunity, conduct thorough analysis and consider factors such as market trends, company fundamentals, and risk management strategies before making trading decisions. Longby CyborgTradingHub3
Karnataka Bank swing with SL below the red zoneGood fundamentals for the stock... SL below the red zone. Target swing high. Aggressive traders can enter. Conservative traders can wait for coch at lower time frame and enter. This is not a stock recommendation. It's purely for educational purpose. Good to accumulate for long term at this level. Just an opinion not a recommendation. Consult your financial advisor before entering.Longby Trader_SSD111
VIEW ON KARNATAKA BANKGood breakout Stock above yesterday's high Target 260/270 Stop loss 244 I am just representing my views. For educational purpose only.Longby dakshb38391
Karnataka Bank : LongKarnataka Bank : Long will you ? will it go 52W high ? or break down ! do your own analysisLongby MADHUVICTOR2
KTK BANK, CMP 239.51. small cup and handle verge of breakout. 2. Expecting 255, 280 and more 3. do your research before investing.Longby simply_chartsUpdated 5
Karnataka bank - Beautiful breakoutkarnata bank is a private bank which is undervalued and has great management team This PICK is technical + fundamental . Entry near 260- 270 Expect target of ( 500 +) in 6 months . 2 year target - 1000 +Longby apu7rv3
KTKBANK - Weekly Chart Analysis, CMP-272.50After breaking the previous all time high levels (176-194) it went into another base formation of 15 weeks and 18% range. Volumes are decent. Overall PSU Banking sector is hot and showing strength. Now 210-218 shall act as initial support. Main support will be 176-194 which was previous resistance and now it shall act as a support. Weekly close below these levels and follow through shall invalidate our view. 327 - 509 are the levels which can be tested over the long term. Disclaimer: This is just a study and shared here for educational purpose. It is not a buy/sell recommendation in any way. If you intend to trade this counter then do your own due diligence and trade at your own risk. Longby marketmoneymohmaya0
KTKBANK / KARNATAKA BANK - Previous All Time High BreakoutKTKBANK 1) Time Frame - Weekly. 2) Previous Life Time High was 194.60 in the year 2008. It was broken on July 2023 & Sustained / Consolidated for 6 months above the price 194.60 and marked a breakout with strong bullish candle and closed at All Time High currently. 3) The next resistance would be in between the price 300 to 314. 4) Recommendation - Strong BuyLongby SHRIHARII1
KTKBANK | Swing Trade📊 DETAILS Sector: Bank - Private Mkt Cap: 8,387 cr Karnataka Bank is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business. TTM PE : 6.19 (High PE) Sector PE : 25.76 Beta : 1.83 📚 INSIGHTS Strong Performer Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation 5.78% away from 52 week high Outperformer - Karnataka Bank up by 11.1% v/s NIFTY 50 up by 8.62% in last 1 month 📈 FINANCIALS Piotroski Score of 7/9 indicates Strong Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.comLongby Munish_JainUpdated 10
Breakout from symmetrical triangle pattern!Stock has breakout from symmetrical triangle pattern and trading above horizontal trend line. Good to go long @ current levels with risk @ 245 for targets of 300. Longby DEVA070
KTKBANKMarket Cap: ₹ 8,469 Cr. Stock P/E: 6.25 ROCE: 5.86 % Stock is trading at 0.93 times its book value Company has delivered good profit growth of 29.4% CAGR over last 5 years Symmetrical Triangle Breakout on Daily Time Frame with Long Signal. Longby fnoGyan1
a long after longwe got a good trade setup will see how it plays bank is in uptrend for long and hope to remain like thisby rohitjoshi5720
KTKBANKKTK BANK FOR SWING Stock trading above 100 DMA as well as above 20℅ reverse from last 6 month Low , It's Bullish sing Longby Treemurti_Traders0
KTKBANK - Bullish Swing ReversalNSE: KTKBANK is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTradeLongby BrahmaBull312
VCP📌VCP ✅Must add to your watchlist KTKBANK + Volatility Contraction pattern + Trading at ATH + Trading above Key EMAs + Strong Relative Strength by ChartShala112
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.Longby MandeepSinghKohli6
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.Longby MandeepSinghKohliUpdated 6
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. by chetnaparmar8335
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. ThanksLongby babutaaniketUpdated 4
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 & pivotLongby mm0425315
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. by n0m0ret0ssUpdated 228
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.Longby Tech_stock_traderUpdated 3