yogi_sharma
Short

Kotak bank scenario

NSE:KOTAKBANK   KOTAK MAHINDRA BAN
We were on short side today, but the price touched new high today at 1311.8 were we didn't panicked even hitting the sl and waited to for a fall till 1303 level, where we closed or trade manually, because it seemed bullish . Then in latter session, the price touched another new high at 1315 level which is crucial resistance and failed to break through the ceiling and fell to 1298 level forming a inverted hammer in daily chart . We would be again in a short side for target 1199/1191 level.

Thank you
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