Karnataka Bank- CMP 58.45. Will it reverse from support zone 57.6 to 58.45 ? To be seen. It can be taken at CMP and below with sl of 55 on CLBS for an immediate tar of 65, 69, 71, 74+++.
Its Book Value is 192. PE is 4.63 both book value and PE are very attractive.
This is for educational purpose only and any investment may be done after consulting finance adviser.
Its Book Value is 192. PE is 4.63 both book value and PE are very attractive.
This is for educational purpose only and any investment may be done after consulting finance adviser.
Comment:
Met all its targets on 15.9.21 in a span of one month after recommendation. A rise of around 30% in a month from 58.45 to 75.5. Re enter only above 76 on closing basis with good vollumes.