KOTAK BANK - Elliott wave analysis # complete cycle

Kotak bank is about to start final leg rally. It is an impulse from Mar'20 and now it is in inner wave 5. Both BankNifty and Kotak bank are in sync on inner waves.

First target : 2050
Second target : 2140
Third target : 2196
Final target if luck : 2400

Invalidate level : 1670

Major degree wave 3, started from 2009 is about to complete.

Commento:

Keep invalidate level 1670 as closing basis