Bullish Cypher on Kotak bank
Kotakbank is approaching it's support zone in between 700-720. On Friday, 1st December, it touched 720. Which again was CD = 1.618 (BC). Please also note BC = 1.127 (AB).
These levels have provided reversals on known Fibonacci levels.
750 - 760 seems very reasonable targets.
These levels have provided reversals on known Fibonacci levels.
750 - 760 seems very reasonable targets.
Note
Kotakbank made a high around 751.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.