KOTAK MAHINDRA BANK LTD
Long
Updated

Kotak Mahindra Bank Conditional Bullish

117
Clear uptrend in Monthly. Wide negative RSI Divergence is an issue here. Weekly shows a tight range, no conclusions. Daily creates a Descending Triangle. Will look for downward rejection candles and a break above Triangle in Daily to enter long with SL of 1540.
Trade closed: target reached

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