A stock poised for change in trend( CP 75₹ )
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 reach till a TGT of ₹88 and a stop loss of ₹68.
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