Karnataka 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...
Karnataka 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 & pivot
Elliott 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. ...
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.
BUY - KARNATAKA BANK
CMP - Rs. 133
Target - 1: Rs. 165
Target - 2: Rs. 190
Target - 3: Rs. 220
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Technicals - Cup and Handle Pattern
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This is just a view by an expert analyst, please invest at your own risk.
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NSE:KTKBANK have formed Cup and handle pattern on weekly time frame. Already first entry have passed now it's time for second entry but for serious and patient investor only.
Disclaimer: My ideas are not for recommendation purpose. Just sharing ideas with community.
KTKBank is trending up, possibly target price to hit 190.00 Still very good setup to go up once it clears the line of resistance.
Flag and Pole pattern has already given a breakout followed by two legged correction. Spike phase is still trending on daily chart.
SL can be very well placed at the pullback showed at 146.35 or more comfortable one can be at...
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 174
#This is not Buy and Sell recommendation to any one. This is for...
KTKBANK
BUY : 128-129
TARGET : 141
DISCLAIMER - We are not a SEBI Registered Advisors. This channel is purely for Educational purposes only. We will not be responsible for your profit and loss.
NSE:KTKBANK
Karnataka bank Positional pick
All levels and analysis are marked on the chart.
This is only for educational purposes only.
Always trade with stop-loss.
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