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Kotak bank
KOTAK MAHINDRA BANK LTD
Long
Kotak bank
By Madhukavali
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Updated
Sep 18, 2021
3
Aug 22, 2021
Trade Setup:
Weekly TF: Broke out of wedge pattern, and retest happening. 1700 INR is support, with 50EMA support acting as confluence.
Entry = CMP ie; 1703 INR
SL = below recent swing low ie; 1620 INR (consider exit when price closes on weekly basis)
Target = 2000 INR.
RR = 3.47
Sep 18, 2021
Trade closed: target reached
Super trade. Target reached, and trade closed.
Multiple Time Frame Analysis
Support and Resistance
Wedge
Madhukavali
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