NSE Kotak Mahindra Bank has started marching upside because it has completed wave ((4)). Its fifth wave will end nearby the retracement of wave ((4)) of 161.8% and sub-wave of (4) of 161.8%. So, long-term investors may hold for the targets of 2345 - 2446 - 2536.
At present, intraday & short-term investors can also jump on this stock. Kotak bank prices may move forward up to 1900 - 1960 - 2056 levels to hit the halfway of wave 5th. Consecutive closing above the level of 1832 is a direct buy signal.
A short reversal is expected at the last target of 2056.
Further information I will update you soon. Stay connected!
Trade closed: target reached
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Kotak Mahindra bank has touched target of 1900. Safe traders can book full profit here. (Trade Closed)
Further information I will update on Kotak Bank soon.
Trade closed: target reached
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Kotak Mahindra Bank's second target of 1960 has touched.
Trade closed: target reached
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Kotak Mahindra Bank's third target of 2056 has touched.
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