Chartworld1

Kotak-Ready for new rally

Long
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Kotak Mahindra Bank at a critical juncture at this point. After consolidating in a box for last few months between 1700-1825, this is on the verge of a breakout from box. Support at long term trendline and bounced from there. Looking at price action there could be a quick shakeout before this moves to 2200+ levels. keep a close watch.

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