KOTAKBANK KOTAK BANK is standing near weekly selling zone, if breaks the current fresh supportzone, we might see some correction till previous resistance of 1765,if current selling zone is breached, then kotak can be held till maximum target as it keep breaking and retesting next selling zones for upmove.
respect the zones and always enter at retest if zone is breached. stoploss should be the lowest level of the zone marked.
Note
vitness the power of support resistance zone analysis, from exactly 1826 kotak shot up and broke current resistance zone of 1888/1875 and managed to close above it, managing to remain billish and eyeing next target of 1908/1916.Trade closed: target reached
kotakbank almost 2000, can book or trail with stoploss of 1908Trade closed: target reached
kotakbank target complete
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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.