dhruveshdvp

Kotak Bank Rsi Oversold

Long
BSE:KOTAKBANK   KOTAK MAHINDRA BANK LTD
Buying kotak bank because of price is at rsi oversold area on daily chart and strong bullish candlestick marubozu type formation with good volume ,weekly chart is also at rsi support zone and target is based on Fibonacci

Stoploss - 690

Target 1 - 747.45

Target 2 - 781.31