Technical Pick KTKBANK
KTKBANK has support at 134 and resistance at 144. KTKBANK is forming double top pattern on Daily charts and having breakout point below 144. Two consecutive closes + weekly close below 134 will see sharp downside panic till 131-128 and then to 125 mark in days to come else it could test its resistance level of 144 again. If breach and close below 134 then every sharp rise will be selling opportunity in it
Trading Recommendation
Sell KTKBANK Future below 139 with Stop Loss of 143 for the initial target of 134-131 and then to 128 mark.
More will update soon!!
