Kotak Mahindra Bank (Neowave Trading Idea)Namaskaram
Cycle - consolidated 5th up swing on Long Term Chart (Black Labelling).
Medium Cycle (Blue Labelling) giving an correction, which most likely completed.
Currently retraced 61 percent.
LTP = 2079.7
stoploss = 1,986
About Target- Well target should be above 2302.
But this price should reach before January. So if you see price is rising but not giving enough speed than exit where you get a good price.
I will also make a video on this one today and upload it here.
Thank You.
