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Karur Vysya Bank Ltd W attern formed

Discussion in 'Technical Analysis' started by verenmitter2001, Nov 5, 2012.

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  1. verenmitter2001

    verenmitter2001 Member

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    IT, Education & Ex-Army officer
    Hi
    Please give your comment and view on this stock Karur Vysya Bank Ltd

    W pattern is formed and the stock MACD signal is also positive.

    Looking forward to hear your views on this and trade advice.

    Regards
    Veren
     

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    Last edited: Nov 5, 2012
    verenmitter2001, Nov 5, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Looks perfect but I see some consolidation in range of 480 and 440 for the big candle formed on 31st Oct and so wait for a breakout above 480.
     
    shabbir, Nov 5, 2012
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