CautiousChartist

KOTAK BANK - Very attractive set up

Long
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
CMP = 1370

Price is above 10, 30, 50 SMA .

Very nice setup for going long.
Look to gain profits ranging from 5% to 11% in the short term.

Maintain Stop loss at 1315.
Trade closed manually: This is an example of how a good pattern can fall. It just wasn't powerful enough and the bears won again.