Get started
nirav5

Bullish Cypher on Kotak bank

Long
KOTAK MAHINDRA BAN (NSE:KOTAKBANK)  
nirav5 Updated   
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
8
5
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.
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.