seekedgetrade

#kotakmahindra channel momentum breakout

Long
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
kotakmahindra weekly may be having a channel breakout on upside and it is also a previous resistance area.
momentum on weekly has taken support from rsi 40 and bounced up while daily momentum and trend has now
climbed into bullish zones. This could also be looked as a potential change in polarity bounce on weekly
where it broke put earlier from resistance and then came back retest same support more than once and now
could be moving up.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.