Kotak mahindra bank ltd

Updated
:- Neutral stance as of now, as the move currently not confirm as the c wave is not confirm as it can go more south until 161% retracement.
:- but if it breaks to the upside it may form a new leg of the move.
:- risky trade( short when close below 100MA book profit at 161.80%) (long when break the trend line to the upside)
:- and yes it is also holding middle support level of the Pitchfork

TRADE CAREFULLY
Regards
Note
wait for the pull back..to enter the trade.
BANKkotakmahindra

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