Kotak Bank - getting ready for breakout
Kotak Bank is forming a tight range from the last many trading sessions.
Multiple times it has tested support at 200 EMA. Also, it's forming higher lows with each bar as clear from the bottom trend line.
On breakout above the top trend line, it can show a good move till 1900-1950+ in short duration.
From the breakout done by Banknifty - the move is imminent.
Please do your own research and then take a position in the stock.
Multiple times it has tested support at 200 EMA. Also, it's forming higher lows with each bar as clear from the bottom trend line.
On breakout above the top trend line, it can show a good move till 1900-1950+ in short duration.
From the breakout done by Banknifty - the move is imminent.
Please do your own research and then take a position in the stock.
Note
still holding. after yesterday's correction and the low holding - looks more upside coming soon
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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.
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.