KARUR VYSYA BANK | TECHNO-FUNDA ANALYSIS

Karur Vysya Bank Ltd – 1D

Trend: Ongoing bullish structure; minor consolidation after breakout. Support: ₹241 (retest level) | ₹232 (previous BO) Resistance: ₹258 (fresh breakout) | Next Target: ₹270+ Technical View: Stock retesting its breakout zone after a strong rally. As long as ₹241 holds, structure remains bullish. Fundamentals (Short): Mid-sized private bank with improving NIMs, strong ROA/ROE, and steady credit growth. Balance sheet quality improving YoY. Verdict: 🟢 Buy near ₹245–₹241; targets ₹258–₹270; SL ₹232.