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KOTAKBANK | Support + 200EMA confluence | Trading in range

Long
KOTAK MAHINDRA BAN (NSE:KOTAKBANK)  
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NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Supply and Demand Trend Lines Moving Averages NIFTY BANKNIFTY 200ema-pullback swingtrading KOTAKBANK
3
0
supplyanddemand trendline movingaverage nifty banknifty 200ema-pullback swingtrading kotakbank
25/5/21 (BUY ON DIP)

- Took support from 200 EMA (watch closely)
- VOL flat (shows range has formed)
- In the range, VOL is more in the up-move (slight advantage)
- Wait for decisive close above 1820
- Sell below 1680 on closing basis
- RSI inside triangle
- CAN SPEND SOME MORE TIME IN RANGE (buy on lower level suggested)

*Will again post chart when break accours
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