Pranay73

Kotak Mahindra Bank to hit new highs

Long
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Kotak Mahindra Bank has taken a support on the yearly pivot level , which is very near to yearly camrilla S3 level , making it a very crucial level.
It can continue rising from here till the Yearly Camrilla R3 level @2300
Since this analysis is done on weekly charts , the trade will take time to finish , it might take upto 5 months for this trade to hit the target.

Note : Take any trade on your own risk , I shall not be liable for any loss borne by you.

Comments

Is it still possible for Kotak Bank to hit 1800 level in couple of weeks?
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Pranay73 tradersatishkumarsingh
@tradersatishkumarsingh, I think if it closes today at days highs , then it is very much possible to see 1800 levels and infact new all time high of around 2300 by this year end .
Only thing to watch is todays closing price , a good closing price will be around 1745 but nevertheless even if it closes at say around todays day open , its also a good sign
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