Kotak Bank Swing Idea (Long)
Kotak 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.)
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.)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.