I hope you can now see how KotakBank represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be...
I think KOTAKBANK has topped in a medium term. There are many things aligning up and all say that KOTAKBANK's top is in.
The RSI has divergence, There is a long term trendline acting as a resistance. Also in the shorter term there is resistance as well.
The chart is very clear and speaks for itself.
Stop loss: 1746
DATE: DECEMBER 22, 2019