KOTAK MAHINDRA BANK LTD
Long
Updated

Break away Gap Kotak bank

194
Earlier we had seen breakaway gap playing in TATA motors and it gave very good rally.

Similar gap is seen in Kotak bank. Earlier we had seen a fake breakdown to trap bears which is also a good indicator of good accumulation.

SL of 1850 with targets of 2200 and 2600 can arrive in a year or two.
Trade active
Entry 1984
SL 1919
T1 2230
T2 2489

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