Kotak Mahindra Bank Support Zone
Updated
Kotak's share is at the end of the support zone, giving an opportunity to enter a position with a tight stop loss and limited risk. Since the overall global banking sector is under pressure with the collapse of three banks within a week, there is a higher probability that this trade will be stopped out. The expected return on the strategy will range from 17-25%.
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Disclaimer: All the published ideas/posts are for educational purposes only. Exercise caution and understand the various risks associated with the capital markets, and consult your financial advisor, before considering any investing/trading decisions. The viewers alone are responsible for their actions in any trading or investing activities. Please read the TradingView disclaimer for more details.
Trade closed: target reached
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