Kotak Mahindra Bank - Trendline rejection
Kotak Mahindra Bank 
KOTAKBANK got rejected at the long term upward trendline after a good pullback.
I think it is heading back to 1118 levels.
Break of 1118 can even take it to 1050.
Good opportunity to short with stop loss a few points above the trendline.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
KOTAKBANK got rejected at the long term upward trendline after a good pullback.I think it is heading back to 1118 levels.
Break of 1118 can even take it to 1050.
Good opportunity to short with stop loss a few points above the trendline.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
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