Kotak Bank Re=entry

Our last Trade of Kotak Bank has gone into profit as of now.

Thanks to the hedge! Here we spot Triangle Pattern . It is back at its old major support; thanks to Kim and North Korea. Now it is a value buy!

There are two targets. When target 1 is reached please make that trailing stop loss to attain target 2. If the stock enters the second trade box by then; stop loss is updated to the position mentioned.

No Hedge is here! It shall be updated in comments in such case.

Target and Stop Loss are chosen based on Fibonacci Levels.
Comment: You can sell KotakBank Aug 960 PE at 4.65 for theta decay! It is indeed risky. Hence, You can also sell KotakBank Sep 960 PE at 17
Comment: Entered though it didn't touched the entry line.
Comment: Official Entry point touched.
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