nirav5

Bullish Cypher on Kotak bank

Long
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
8
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.


Comment: Kotakbank made a high around 751.
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