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pangusanthai
Jul 25, 2019 2:17 PM

KOTAKBANK is in uptrend - Target 1565 and 1723 Long

KOTAK MAHINDRA BANNSE

Description

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.

Comment

Price will touch 1460 level before reach the target mentioned above

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
Comments
LUCKYSCAR
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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