thatsikhinvestor

thatsikhinvestor Updated 

As is evident from a perusal of the Chart, the area of Rs. 1,380 to Rs. 1,420 shall prove to be a supply zone for Kotak Mahindra Bank. However, if this zone is breached, and the 200EMA surpassed, then the Stock shall witness significant buying interest. The ascending triangle being formed is further pointing towards bullish sentiment on the Stock.

thatsikhinvestor

Escorts Ltd. has been in an uptrend since March lows, backed by enthusiastic buying by the Mutual Funds. However, in today's session (June 9 2020, post lunch), Escorts Ltd. has breached its Trendline and further finds resistance at levels around Rs. 954/-. Note: For Educational Purposes. Fellow enthusiasts are welcome to share their views.