Short Term investmentinvest on your own decision. my analysis for short term gain and that chart provided me that and if you want long term that stock can give you. target on you own decision target should be on 64 - 70
KARURVYSYA trade ideas
KARUR VYSYA BANK (LONG)Taken support at 38-40.
Now its in uptrend.
good volume coming.
following trendline upwards.
Buy above 54
Tgt 60 - 80 -100+
SL 48
Please correlate yourself also on charts. this is for educational purpose only. must consult with your financial advisor before investing.
Bullish Karur Vysya Bank Ltd Buy = 51
SL = 46
Target 1 = 61
Target 2 = 66
19/09/2021
Bullish NSE:KARURVYSYA-->Karur Vysya Bank Ltd
Buy for short term
KARURVYSYA cup and handle patternSort of Cup and handle pattern breakout in KARURVYSYA. Both price and volume breakout are indicating a bullish movement in the upcoming days. Look out for a long position in this stock.
Swing trade (long)Symmetrical pattern
Stock already in buying zone
Point to be noted
Favourable risk reward setup
One can generate buying opportunity as mentioned in the chart ...
Please do your own analysis before taking a position.. I'm not sebi registered
#swingtrade
#triangle pattern
Karur Vysya Bank - Looks attractive at current priceThis study/Idea is not for trade, please consult your financial advisor before actual trade execution.
My Setup:
Buy - CMP (55.90)
SL - 49.6
Target - 10%+ from CMP
Timeframe - 3-4 months approximate
Karur Vysya Bank looking bullish with great RRLet's see step by step analysis
First price action : Area arnd 58.75- 58.8 is a support where stock was able to form a base and today formed a good bullish candle with a vol spike
Fibonacci Cluster :
There are two Fibonacci retracements plotted. (1) By taking 53.55 as swing low & (2) By taking 42.1 as swing low. So 50% retracement of (1) is exactly coinciding with 23.6 % of (2).
And this coincidence is at the price range which we got with the help of price action. So a good buy can be initiated above 61.5 with 58.5 as Sl for the target of 67.7
KARUR VYSYA CMP 47Chart is looking bullish and given breakout with volume.
Entry Level: 43-45
SL: 40 on weekly closing basis
Target: 100+ in 9-12 months
Karur Vysya Bank LtdIn next few days,
IF LTP<35 wait for Support 1 to hit then make a decision,
IF LTP>38 go for buy and set Target as Resistance 1 or 2 depends on trend.
BRAKE OUT ABOVE 37 LEVEL OF RESISTANCE WITH HUGE VOLUME. BRAKE OUT ABOVE 37 LEVEL OF RESISTANCE WITH HUGE VOLUME. CAN BUY FOR TARGET OF 45 AND 52 WITH STOP LOSS OF 36.10
BUY Setup :)BUY Setup :)
Keep It Simple, Keep It Unique :)
Happy Forex Trading :)
Happy Profit Making :)
