KOTAK MAHINDRA BANK LTD
Long
Updated

Kotak Mahindra Bank

Looks good for long for 25-30 points in short term.
Above Trend Line resistance can do targets as per dotted horizontal lines.
RSI stared trending upward.
Volume is yet to come.
Note
1904 from 1787, a gain of 117 points so far.
Today again a Extended range bullish candle with good volume.
RSI turned positive.
Can look for a target of Rs.1952.
SL 1820.
Note
A close above 1955 can give another 100 points.

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