KOTAK MAHINDRA BANK LTD
Short
Updated

KOTAKBANK

78
Shorted @ Cmp

SL/ TGT as marked

NOTE: This is only my view - not any kind of advice. Use your prudent knowledge prior entering the trade.
Note
Let a 5 min Candle close below 1761 - then only enter.

Wait for entry.
Note
mistyped the post in speed - I have still not entered.

Awaiting entry.
Note
Still not entered - looks like an upmove- breaking and closig above S1 it will go till R1
Trade active
Shorted @ 1760.9
Note
SL above 1771 (about 10 points)
TGT 1745
Note
high vol sell is coming on the way.. :)
Note
There may be a retest to levels 1758-1761 - can add some more quantity on shorting if the retest fails.
Note
1:2 Risk reward now. Traders may exit here 1745-1748 anywhere is ok.

Note I am on fut trade so spot levels are a good guidance only - cant be exactly on the value.
Trade closed: target reached
Tgt done.

I had traded 2 times one lot each.
Avg sell price- 1759
Avg Exit price- 1749

Had problem in system and couldn't post any updates here using tv app.

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