Kotak bank on bullish mode
Updated
Stock of Kotak bank is on bullish mode & long entry can be taken above the level of 1395 after the TL broken as marked in the chart for the next target price of 1420-1430 with the SL of 1373. If banknifty supported well then we can see the target price of 1450 very soon in the stock. So add the stock in your watch list for further price action movement.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask
Note
TL not broken . Wait for the levelsNote
Kotak very bullishNote
high 1424Note
This is break out trade...
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