KOTAKBANK
Analyze on weekly chart for long term trade.
KOTAKBANK form falling wedge pattern after bullish trend. In this case it is bullish in nature.
Falling wedge pattern breakout and retested in last 3-4 candle.
Now its ready to break lower high(1826) which is confirmation of breakout and sustain price above the level.
So if its break 1826 then it will be good stock for holding purpose and swing trade also.
Buy 1830
SL 1750
TARGET 1944,2050
Analyze on weekly chart for long term trade.
KOTAKBANK form falling wedge pattern after bullish trend. In this case it is bullish in nature.
Falling wedge pattern breakout and retested in last 3-4 candle.
Now its ready to break lower high(1826) which is confirmation of breakout and sustain price above the level.
So if its break 1826 then it will be good stock for holding purpose and swing trade also.
Buy 1830
SL 1750
TARGET 1944,2050