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KOTAKBANK

KOTAKBANK is Making Strong SR Pattern (Breakout Trade)Kotak Mahindra Bank Limited : Private Banking Company ( NSE:KOTAKBANK ) is Making Strong SR Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern. And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High. Target and StopLoss are never already fixed in the chart pattern. Thank you. You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit. Chart Published By Ravinder Sharma
NSE:KOTAKBANK
by R_Sharma
2
KOTAK BANK CAN BE BULLISH ABOVE 14051405 is a strong level for kotak bank . stock respecting this levels in the past data by multiple times. 1373 level can be set as alert level. can be consider for intraday when it croses 1405. there will be symmetric triangle pattern also visible ..when it breaks out..buying oppertunities are there..but 1405 can be the safest entry. STRICTLY FOR EDUCATIONAL PURPOSE. NOT A RECOMMENDATION. DO YOUR ANALYSIS. OBSERVE MY CHART AND TAKE YOUR OWN DECISION. THANK YOU.
NSE:KOTAKBANKLong
by Francise_Varghese