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nirav5
Dec 3, 2016 5:04 AM

Bullish Cypher on Kotak bank Long

KOTAK MAHINDRA BANNSE

Description

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.
Comments
NeeteshJain
I did workout well, Great work Nirav, Regards
NeeteshJain
nirav5
@NeeteshJain, Thanks Neetesh.
anupminj7
GOOD JOB TGT 1 ACHIVED
nirav5
@anupminj7, Thanks!
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