Stocks to Buy: Karnataka Bank

Bajaj Broking Research Desk has identified Karnataka Bank as a probable stock to buy. Explore details in the story>>

Technical Indicators

Recommended Buy Range:  Rs 231-235 · Target: Rs. 263 · Stoploss: Rs. 216 · Upside potential: 13% · Duration: 35 Days

Technical Analysis: RSI Buy Signal

Daily 14-period RSI above its nine-period average validates positive bias. Indicates upward price movement.

Strong Support Levels

Support at 52-week EMA and November 2023 low. Provides a safety net for investors.

Bullish Breakout

Breakout from falling channel shifts sentiment from bearish to bullish. Potential for significant gains.