Morning star in Kotak Bank

Sep 28, 2020

After a clear down trend, a Doji has formed which is followed by a green candle. All this right at a major support level (yellow line).
One can go long with a target of 1400 & SL just below the green candle on a closing basis.

Oct 2, 2020

Trade active

Stop loss was hit but we didn't exit. Reason: Our SL was on a closing basis, not hard SL.

Oct 5, 2020

Trade active

Shooting star has formed. NOT good for us.
Will have to keep a close watch.

Oct 21, 2020

Trade closed: target reached

Today Kotak bank made a high of 1400. (right at our target)

Oct 27, 2020

Note

Damn. Missed that one big green candle.