Kotak Mahindra Bank Support Zone
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
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.
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.