KARNATAKA BANK - Looks attractive fürNSE:KTKBANK von CuriousChartist

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CMP 47

Chart is self explanatory. Price is above all leading MA except 200 DMA.

Breakout is expected soon from a inverted Head and Shoulder Pattern.

MACD is positive too.

Keep an SL at 44

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Kommentar:

Today's market has crashed because of China Tensions. This situation is beyond technical analysis. I suggest to book losses and prevent yourself from further unpredictability.

No doubt good stocks will recover but the time frame isn't certain. Also if you sit with your cash ,you can reenter at lower levels.

Trade geschlossen: Ziel wurde erreicht

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.

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