SRF, Coromandel among 6 stocks that analysts say can offer solid returns in near-term – Money making ideas

Karnataka Bank is the only stock in the banking sector that shows a pattern of higher highs and higher lows since the low of March 2022. If we consider price action since December 2022, we see a complex inverse head and shoulder playing out. The break-out zone for Karnataka Bank is at Rs 70. For the pattern to be confirmed, the price needs to break out of this resistance at Rs 70. Buy on a break above Rs 70 for a rally to Rs 85 and above that to Rs 95. Buy on a breakout and keep a stop below…

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