KOTAK MAHINDRA BANK LTD
Long
Updated

Kotak Mahindra Bank - Parallel Channel - Long

KMB has fallen deep to the 52 week lowest 1001 and retraced to 0.618 fab value to 1450 and currently trading at 1188.45.

KMB had a retraced to 1450 immediately after the market crash and now under the retracement level.

Buy KMB @ 1175-1200

Target 1 - 1275

Target 2- 1370

Target 3- 1450.

SL - 999

Disclaimer: Kindly do your own analysis before executing the trade

Trade active
Buy @ 1150
Trade active
Averaging done @ 1115
Trade active
Target 1 Reached on 01/06/2020
Trade active
Target 2 Reached...

Trailing SL Moved to 1275
Trade closed: target reached
Trailing Stop activated... 1325

Disclaimer