TradingWithRahul

Falling wedge breakout in Kotak bank

Long
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Falling wedge breakout has occurred and it can be bought for a target of 1820. CMP-1771. SL can be 1695 on a closing basis. Kept SL a bit far because of good fundamentals.
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Comments

Risk reward is not that good.
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@manzoor2007 It is looking low because I have deliberately kept SL far😅don't want anyone to make loss in such a good fundamental stock.
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