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Kotak Bank: Pennant Breakout

Long
KOTAK MAHINDRA BAN (NSE:KOTAKBANK)  
pradipandsuvra  
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Pennant Candlestick Analysis indianstocksanalysis stocktobuytomorrow
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pennant candlestick indianstocksanalysis stocktobuytomorrow
KOTAKBANK shows a nice long-term pennant brakeout.

It's breaks out above a long term falling trendline with high volume.

Also today's candle is Bullish Marubozu (Open = Low).


Trade: Buy above 1977, SL: 1930, 2040

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