Kotakbnak
KotakBank - Hammer at pullbackNote: This is for educational purpose only.
There seems to be a hammer at 21 dynamic support as well as the last resistance turned support. The pullback has happened on back of low volumes which indicate weaker sellers.
KotakBank Pullback patternKotakbank's chart hourly and daily pattern shows its a bullish setup building but option data is showing it is a sideway momentum.
There is a pullback due which might show the below setup.
Script Action Entry SL Tgt 1 Tgt 2
Kotak Bank Buy 1,761.48 1,673.38 1,849.58 1,937.68
