Kotak Bank

Updated
Kotak Bank - Cmp 1821

The stock seems to be breaking out from it's resistance area. Looks good for long if sustains 1813-1823 levels for initial targets of 1900/1980.
Note
So far Kotak Bank is unable to sustain above the mentioned resistance zone of 1813-23. So best would be to wait for it to close above the resistance zone.
Note
Risky traders can buy Kotak bank at Cmp of 1736 with 1695 sl on closing basis.
Trade closed: stop reached
Stop loss triggered.
Chart PatternsTechnical IndicatorskotakKOTAKBANKkotakmahindrabankTrend Analysis

Also on:

Disclaimer