pangusanthai
Long

KOTAKBANK is in uptrend - Target 1565 and 1723

NSE:KOTAKBANK   KOTAK MAHINDRA BAN
KOTAKBANK is in uptrend and oscillate in uptrend channel . it will move up and touch below targets.

Target 1 - 1565
Target 1 Date - 29th Aug

Target 2- 1723
Target 2 Date - 8th Nov

Watch out for break out line in orange color, if price break this level,then it will retrace and fall to retracement level.
Jul 25
Comment: Price will touch 1460 level before reach the target mentioned above
Sep 04
Trade closed: stop reached: Stop loss reached . No good news in market for while so the price couldn’t withstand the positive momentum for longer
on a one day chart there is a RSI diversion nd on a 15 min chart there is a symmetrical triangle breakdown also it took a place into long unwinding nd short position being built up section. looking short..
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