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Umang Bhutada

8th Nov · SEBI-Registered Analyst

KARUR VYSYA |TECHNO-FUNDA ANALYSIS

Karur Vysya Bank Ltd – 1D

KARURVYSYA
Trend Description: The stock has recently given a breakout and is now retesting the previous breakout zone, holding well above key support. Buyers are defending the level strongly. Support and Resistance Levels: Support: ₹241.36 Resistance: ₹258.65 Expected Move: Sustaining above ₹241 could push the stock toward ₹258–₹265 in the near term. Short Fundamentals Summary: Karur Vysya Bank is strengthening its balance sheet with improved asset quality and higher NIMs. Retail loan growth and digital initiatives are driving stable performance. Final Verdict: ✅ Positive setup — holding ₹241 may attract buyers for a move toward ₹260+.

#FundamentalViews#TechnicalViews
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