KOTAKBANK - LONG
Buy above 1251 with stoploss at 1230
Target 1 - 1258
Target 2 - 1271
Target 3 - 1289
Target 4 - Channel top
Always trail ur stoploss
Reason:
1.Price moves upside inside a channel
2.RSI Momentum takes support at previous point
3.MACD is showing small divergence and is above positive
4.Price is taking support at 200MA
Target 1 - 1258
Target 2 - 1271
Target 3 - 1289
Target 4 - Channel top
Always trail ur stoploss
Reason:
1.Price moves upside inside a channel
2.RSI Momentum takes support at previous point
3.MACD is showing small divergence and is above positive
4.Price is taking support at 200MA
Note
View negated
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.