Top Down analysis of Kotak Bank chart on Technical Basis.
Entry on Monthly closing above 1231 for long term. SL will be recent swing low.
Precise entry can be taken as per daily and weekly chart BO mentioned in the video.
#Kotakbank
- Long Term Uptrend + Rectangle pattern near ATH is under formation
- IHNS BO in daily time frame
- Triangle pattern in weekly/ daily time frame.
All above hints toward a upward journey after breakout.
Entry on Monthly closing above 1231 for long term. SL will be recent swing low.
Precise entry can be taken as per daily and weekly chart BO mentioned in the video.
#Kotakbank
- Long Term Uptrend + Rectangle pattern near ATH is under formation
- IHNS BO in daily time frame
- Triangle pattern in weekly/ daily time frame.
All above hints toward a upward journey after breakout.