1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Karnataka Bank

Discussion in 'Technical Analysis' started by masihpatel, Jul 14, 2012.

  1. kksudin

    kksudin New Member

    Joined:
    Aug 24, 2012
    Messages:
    34
    Likes Received:
    0
    bought 130 CE at 0.75 and sold at 2 Rs today. Good profit. But I feel I took profit too early..
    Sudin
     
  2. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    yes .....u made profit booking too early. it would easily touch 120 today.

    How many lots did you buy ?
     
  3. kksudin

    kksudin New Member

    Joined:
    Aug 24, 2012
    Messages:
    34
    Likes Received:
    0
    2 lots. Learning options!
     
  4. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    So you made 10 k. Congrats
     
  5. aveerareddy9

    aveerareddy9 New Member

    Joined:
    Aug 10, 2012
    Messages:
    42
    Likes Received:
    0
    Hi Sujan,

    What will be the target you are expecting in this oct series

    thanks
    Veer
     
  6. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    Hi all What does CE stands? is COMMON EQUITY?
    or its an future/ options?

    Thanks
    Veren
     
  7. kksudin

    kksudin New Member

    Joined:
    Aug 24, 2012
    Messages:
    34
    Likes Received:
    0
    Veren,
    It is used in Options.
    CE = Call option
    PE = Put Option
     
  8. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    If same level of volume supports it will easily touch in range of 125 - 130 .
     
  9. drsuraimardi

    drsuraimardi New Member

    Joined:
    May 3, 2012
    Messages:
    124
    Likes Received:
    1
    Occupation:
    Doctor
    I came out of the stock @ 123.
     
  10. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    It touched 130 today with huge volume today.
     
  11. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    Hi Sujan
    So busy booking profit this week.
    I am planning to re enter this stock in tommorows corrections with target of 135.
    Whats your view.
    Regards
    Veren
     
  12. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,706
    Likes Received:
    1,940
    Glad to see that.
    Never enter in a correction. Let the correction get over and then enter. This is general statement and not based on charts of Karnataka Bank
     
  13. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Shabbir, had a doubt from long time...How can we ensure correction got over ? Is it the breakout which gives confirmation ?

    What is the success ratio of anticipated breakout .....again I believe it depends on Pattern like higher highs & higher lows & Triangle breakouts right?

    Regards
    Sujan
     
  14. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,706
    Likes Received:
    1,940
    Breakout is definitely one of them but other way to understand that correction is over if there is formation of W where second leg of W has not taken first leg out and reversal started.

    Anticipated is more risky and success ratio depends on the experience of the trader. In V-Guard if you remember I took position based on anticipated breakout and though there was a long wait for few weeks, it did not crack 380 and went above 415 now.
     
  15. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Target achieved 132..... Now it's trading at 135.stock rallied so much after breakout of previous high 107 on 13-07-12....*bit cautious as profit booking might take place any time.
     
  16. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Position can be taken again at CMP for a target of 138...... It's trading at 132 now.
     
  17. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Target achieved...it made a 52 week high today 139.50.
     
  18. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    Hi all!

    First of all apologies for non particiaption at the forum in past week as I had gone out of station.

    What your view on KARNATAKA BANK at the present level for buying.

    Regards
    Veren
     
  19. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,706
    Likes Received:
    1,940
    We all need a break and you can see that I have taken a break from my blog for a quarter now ( shabbir.in ). Soon will be starting

    Multibagger.
     
  20. monilhathi

    monilhathi New Member

    Joined:
    Jun 7, 2012
    Messages:
    92
    Likes Received:
    0
    Occupation:
    Marketing
    I am holding this @180 and the cmp is @173. Should I book a SL around 160? or Will it rise?