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Quasim
Aug 4, 2021 6:57 AM
Kotak breaks the Triangle
Long
NSE:KOTAKBANK
1D
KOTAK MAHINDRA BAN
NSE
Description
⋅
Aug 4, 2021 6:57 AM
Kotak has broken out of multi-month wave (4) triangle. The final (5) should be sharp and quick. It may try to reach the channel top which is at 2300 as the final target. A test of previous high 2049 is most likely.
Stop loss- 1624 i.e the previous swing low
Trend Analysis
Technical Indicators
Wave Analysis
sharemarket
kotakmahindrabank
BANK
BANKNIFTY
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