Kotak Mah Bank : +17% Upside Potential
16 Nov 2022 11:22hrs Kotak Mahindra Bank
A complete year of consolidation is witnessed in the stock, now the stock shows some sign of BO.
Summary
- Stock shows a BO from the VAH zone
- 1 year of accumulation
- Approaching major resistance place around 2000 levels
- Head and Shoulder pattern(Awaiting BO)
Conclusion
- CMP 1962
- Trade can be planned on BO/RT of 1990-2000 zone
- Higher targets could be around
o Short Term - 2047-2126
o Mid to Long Term - 2211-2275-2323
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
A complete year of consolidation is witnessed in the stock, now the stock shows some sign of BO.
Summary
- Stock shows a BO from the VAH zone
- 1 year of accumulation
- Approaching major resistance place around 2000 levels
- Head and Shoulder pattern(Awaiting BO)
Conclusion
- CMP 1962
- Trade can be planned on BO/RT of 1990-2000 zone
- Higher targets could be around
o Short Term - 2047-2126
o Mid to Long Term - 2211-2275-2323
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Dhiraj Singh Bais
App : Power Profit Academy
Instagram : instagram.com/old_school_trader007?igsh=MXYyMDFkbHN6azZuZw==
Website : dhirajsinghbais.com/
Twitter: @OldSchoolTdr007
Whatsapp: 7379556677
App : Power Profit Academy
Instagram : instagram.com/old_school_trader007?igsh=MXYyMDFkbHN6azZuZw==
Website : dhirajsinghbais.com/
Twitter: @OldSchoolTdr007
Whatsapp: 7379556677
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