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ManikandanElango

KOTAKBANK - LONG

Long
KOTAK MAHINDRA BAN (NSE:KOTAKBANK)  
ManikandanElango Updated   
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
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
Comment:
View negated
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