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#kotakmahindra channel momentum breakout

Long
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
kotakmahindra weekly may be having a channel breakout on upside and it is also a previous resistance area .
momentum on weekly has taken support from rsi 40 and bounced up while daily momentum and trend has now
climbed into bullish zones. This could also be looked as a potential change in polarity bounce on weekly
where it broke put earlier from resistance and then came back retest same support more than once and now
could be moving up.

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