junkie
Short

SHORT KOTAKBANK CMP 1233.5 TARGET 1227 SL 1239.5

NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Kotak has been in a bearish trend lately and after the recent bounce i think the time is ripe now it to continue its move lower. The price has moved lower from days high and formed a lower top. RSI has moved out of near overbought zones!
Trade closed manually: 1228 level is proving to be a important support, therefore we exit the trade at 1231.5
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