Kotak - Rising channel trend, Initiate longs!
Updated
Kotak is in a rising channel and is trading above the 21 EMA, indicating strong bullish momentum! Also, has witnessed a golden crossover on the hourly chart! Longs can be initiated with a SL of 1310 on closing basis, for target of 1380 - 1400 in the next few trading sessions !
Trade closed: target reached
First target of 1380 achieved !! Can book partial profits and trail the rest!
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