KARUR VYSYA BANK LTD
Long
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KVB Bank 15 min Chart; Bullish Pennant Formation

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On 9th Nov 2021, the stock gave a strong upmove as the market opened, thereby consolidating over the day. The structure resembles a bullish pennant formation on 15 min chart (Quite visible at 1H charts too). Support Region remains around 55.5-55.6. A breakout from here can instill fresh momentum in the stock and further upmove.


**I am not a SEBI Registered Advisor, Kindly consult your advisor before taking Trade**
Note
The stock broke out of this pennant with strong volumes, a further strong upmove expected.

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