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HanishT

Kotak Bank

Long
KOTAK MAHINDRA BAN (NSE:KOTAKBANK)  
HanishT Updated   
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Trend Analysis Chart Patterns Technical Indicators KOTAKBANK kotak kotakmahindrabank
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trendanalysis chartpattern indicator kotakbank kotak kotakmahindrabank
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.
Comment:
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.
Comment:
Risky traders can buy Kotak bank at Cmp of 1736 with 1695 sl on closing basis.
Trade closed: stop reached:
Stop loss triggered.
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