bhagat109

Morning star in Kotak Bank

Long
bhagat109 Updated   
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
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.
Trade active:
Stop loss was hit but we didn't exit. Reason: Our SL was on a closing basis, not hard SL.
Trade active:
Shooting star has formed. NOT good for us.
Will have to keep a close watch.
Trade closed: target reached:
Today Kotak bank made a high of 1400. (right at our target)
Comment:
Damn. Missed that one big green candle.
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