Kotak Bank Has An Explosive Rally Ahead
Updated
NSE Kotak Mahindra Bank has started marching upside because it has completed wave ((4)). Its fifth wave will end nearby the retracement of wave ((4)) of 161.8% and sub-wave of (4) of 161.8%. So, long-term investors may hold for the targets of 2345 - 2446 - 2536.
At present, intraday & short-term investors can also jump on this stock. Kotak bank prices may move forward up to 1900 - 1960 - 2056 levels to hit the halfway of wave 5th. Consecutive closing above the level of 1832 is a direct buy signal.
A short reversal is expected at the last target of 2056.
Further information I will update you soon. Stay connected!
At present, intraday & short-term investors can also jump on this stock. Kotak bank prices may move forward up to 1900 - 1960 - 2056 levels to hit the halfway of wave 5th. Consecutive closing above the level of 1832 is a direct buy signal.
A short reversal is expected at the last target of 2056.
Further information I will update you soon. Stay connected!
Trade closed: target reached
Kotak Mahindra bank has touched target of 1900. Safe traders can book full profit here. (Trade Closed)Further information I will update on Kotak Bank soon.
Trade closed: target reached
Kotak Mahindra Bank's second target of 1960 has touched.Trade closed: target reached
Kotak Mahindra Bank's third target of 2056 has touched.Note
Don't forget to hit the LIKE button.Follow me for more EW ideas.
Trade closed: target reached
1817 to 2253
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.