I hope you can now see how the 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 favour.
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 assumed...
KOTAK BANK WATCH OUT FOR A BIG TRADE
-SINCE THERE WILL BE A POSITIVE START TODAY
-KOTAK MIGHT OPEN NEAR 1315-1320
-ONCES LEVEL OF 1298 IS BREACHED THEN I AM SURE THAT LEVELS OF 1277-1250 WILL REACH
-SELL ON RISE
-TWO TRADES IN KOTAK BANK
INTRADAY TRADE IN KOTAK BANK
Kotakbank can be sell below 1198 as it is moving downwards in the triangle and if it breaks and indictors shows bullish signal then only it will be a buy opportunity most probably it is down to the major support at 1099 depends on monday market sentiments but hard to get bullish
Tell me more stocks to analyse i am still learning mark my mistakes too if you find some
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