KOTAKBANK--1980 Or 1870.
Updated
Observations::
----->> The stock is facing resistance multiple times from the resistance zone @1980.
It is broken the trendline and retested the supply zone and waiting for breakout ot breakdown.
if it wants to test the Supply one more time or breakout above the resistance @1980.
Dont forget the demand zone, it will acts as a support.
And this will take the price towards resistance @ 1980 zone.Keep an eye @ this place.
we have a strong demand zone @1870 level, if this breaks we have a bullish gap @ 1760 level.
----->> The stock is facing resistance multiple times from the resistance zone @1980.
It is broken the trendline and retested the supply zone and waiting for breakout ot breakdown.
if it wants to test the Supply one more time or breakout above the resistance @1980.
Dont forget the demand zone, it will acts as a support.
And this will take the price towards resistance @ 1980 zone.Keep an eye @ this place.
we have a strong demand zone @1870 level, if this breaks we have a bullish gap @ 1760 level.
Note
if it wants to fall from supply, this may happens.Note
If it wants to test the resistance it may move like this.Note
Note
Is near its demand zone....It has to give respect to this zone @1870 level, keep watch.
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Also share your thoughts in the comments section.
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