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HanishT
Jun 3, 2021 4:50 AM

Kotak Bank Long

KOTAK MAHINDRA BANNSE

Description

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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