KotakBank with a Cup with handle formation, could be headed to 2040 (before 2020 ends for us).
First target being 1975 with SL @ 1848, and eventual target @ 2040.
Just like in any other trade , an ideal thing to do, in these volatile times, would be to trail SL as per the stock's movement.
First target being 1975 with SL @ 1848, and eventual target @ 2040.
Just like in any other trade , an ideal thing to do, in these volatile times, would be to trail SL as per the stock's movement.
Trade active:
Kotak made day's high of 1947
Comment:
KotakBank made a high of 1952, SL now trailed to cost @ 1918...
Comment:
High of 1965: SL trailed to 1932
Trade closed manually:
Stopped at trailing loss.
Long - KotakBank - 1920 CE @ around 51
Short - SunTV - 470 PE around 23