ASCENDING TRIANGLE BREAKOUT IN KOTAK BANK
-stock broke above its 200-ema and sustained
-along with that the stock broke out of its ascending triangle pattern
-after a throwback the stock cameback with furious momentum
-taking over its previous crucial resistance of 1448
-now next targets on the upside for kotak bank is 1520-1540
SEPTEMBER FUTURES TRADE
BUY@1450-1455
STOP@1415
TARGET-1@1510
TARGET-2@1545
TARGET-3@1555
QTY=1200
-along with that the stock broke out of its ascending triangle pattern
-after a throwback the stock cameback with furious momentum
-taking over its previous crucial resistance of 1448
-now next targets on the upside for kotak bank is 1520-1540
SEPTEMBER FUTURES TRADE
BUY@1450-1455
STOP@1415
TARGET-1@1510
TARGET-2@1545
TARGET-3@1555
QTY=1200
Trade active
revised stop to 1399 and added longs @1430target remain the same
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.