Get started
manavtechresearch

ASCENDING TRIANGLE BREAKOUT IN KOTAK BANK

Long
KOTAK MAHINDRA BAN (NSE:KOTAKBANK)  
manavtechresearch Updated   
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Trend Analysis Chart Patterns Triangle KOTAKBANK kotakmahindrabank kotakbanklong kotak futures priceactionanalysis Ascending Triangle ascendingtrianglebreakout
4
0
trendanalysis chartpattern triangle kotakbank kotakmahindrabank kotakbanklong kotak futures priceactionanalysis ascendingtriangle ascendingtrianglebreakout
-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

Trade active:
revised stop to 1399 and added longs @1430
target remain the same
TRADERSMOJO TELEGRAM CHANNEL
*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo
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.