Karnataka Bank has a Higher Bottom Higher Top chart structure indicating a lot of bullishness. Volumes are extremely high during the rise especially on a day when Bank Nifty was very weak. Buying is advised above Rs. 46.50 for a target of Rs.51 and Rs 54. Higher target of Rs. 58 is also possible. Stop Loss of Rs. 42.50 should be kept. Personal due diligence is strongly advised.