Long in Kotak Mahindra Bank
KOTAKBANKStock is around 100 EMA
Also near previous resistance turned support level
The last formed bullish candle has engulfed the previous red candles of 5 days
We got a bullish candle with a long wick at the bottom indicating demand for the stock and a high probability long opportunity
Enter above 1825 for Target of 1980
Stop Loss - 1770
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Trade closed: stop reached
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