Rajesh_S

KOTAK BANK - Long

Long
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Reasons for Long:

1) Start of an uptrend with Bank NIFTY moving up and made a new Higher Low at Major support.
2) Breakout and Resistance breach with volume double the average and further buying with above average volume .

Entry: Enter on Monday after open or can wait for retracement to the Support.

SL: Have strict 1:1 RR upon entry.

Note: Follow Bank NIFTY and verify the trend.
Trade closed: target reached: 2 targets were reached.

Comments

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