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yuvrajsingh7722
Oct 17, 2016 7:11 PM

Kotak mahindra bank ltd  

KOTAK MAHINDRA BANK LTD.BSE

Description

:- 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

Comment

wait for the pull back..to enter the trade.
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