Kotak mahindra bank ltd

١٧ أكتوبر ٢٠١٦

:- Neutral stance as of now, as the move currently not confirm as the c wave is not confirm as it can go more south until 161% retracement.
:- but if it breaks to the upside it may form a new leg of the move.
:- risky trade( short when close below 100MA book profit at 161.80%) (long when break the trend line to the upside)
:- and yes it is also holding middle support level of the Pitchfork

TRADE CAREFULLY
Regards

٢٧ أكتوبر ٢٠١٦

ملاحظة

wait for the pull back..to enter the trade.