Kotak Bank Swing Idea (Long)

4 days agoKotak Bank is stuck in parallel channel range for awhile & might make a move in coming weeks due to following reasons

1)Trading above 20 EMA & 50 EMA on daily chart
2)Inverse head & Shoulder formation on weekly chart
3)Double Bottom pattern formation on daily chart
4)Swing Lows are not broken on weekly

(Note: Not responsible for profit & Loss nor a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)