NSE:KTKBANK One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and...
NSE:KTKBANK is giving a breakout. Volumes are okay but could be better, I prefer 3x or higher of 20 day average of volume in breakout. This is around 2X which is not too bad. Week isn't over so keep an eye on it till EOD.
The MACD histogram turns red on the weekly chart indicating that the strength lies with the bears. The MACD has crossed the signal line tiggering sell signal. The candle stick patterns show indecision, however the red bodies are slowly becoming bigger. The Fibonnaci retracement shows important levels to monitor with most important support at 175 with strong...
Good Breakout going on, Good financial sector, Good results So target 316.65 . Duration 1 to 5 months.
Reason for long a) Good pull back zone with price at mid of rainbow indicator b) Rainbow, Supertrend and super vwap long.. Goood sign for long c) Renko and QQE is negative and hence SL compulsory d) falling candle has low bear volume and previous rising candle has high bull volume. Hence probability of long is above 55% for long SL compulsory
Retested previous swing low and reversing RSI. Best time to target good Risk Reward Ratio. Its likely to form flag pattern and then possible for 52 week high breakout. Risk/Reward ration : 10%/20 or More .. CMP: 135 disclaimer: I am not responsible for you profits and losses.
KTKBANK - Break-out with good volume Expect a quick move upside. Multi time frame Breakout
After a 1.5 yr long accumulation, the share price broke out, and right now, it is near a crucial zone a breakout has happened already but it in a process to test it again, if tested positively then boom else short it.
Buy Good breakout of a price range..so hence no choice but to go long
Script-KTKBANK Buy around 74.5 Stop loss 2%-3% Target 8%-12% Holding Period 1-2 weeks.
Good breakout..for delivery...stop and tgt given.. Enter with risk reward ratio..
Reason to short: The KTKBANK is volatility in day time frame, Monthly shows the bear's are intact. Weekly, Ascending triangle pattern breakdown Weekly, Support broken.
KTKBANK will be facing resistance from the trendline as can be seen in the chart. will be shorting it in the smaller time frame.
KTKBANK has been in a structural downtrend since june 2017 correcting all the way from levels of 140 till 30 ₹. The stock has changed the trend and looks poised again for a bounce back rally as it has recently crossed 120 ema by 13 ema. All bears are looking exhausted at the current trend and bulls are ready to grab the opportunity. Long positions in the stock can...
₹Karnataka Bank Chart:- ₹Karnataka Bank Broke out Big Resistance after 4 Years. Resistance and Inverted H&S Pattern both Broke out. Entry:- ₹73-₹77 Targets:- ₹112/₹153 Exit:- Below $70
once the 4yrs Wedge pattern Breaks, we can expect 50% move Confirmation: Forming Cup and Handle in the bottom of the wedge or asc triangle Handle is forming as asc ext. triangle Expected target 110
First target - 75 Second target -88 Final target - 99 5 weeks of consolidation after making a new 52 week high Should see a breakout within a week's time