KOTAK MAHINDRA BANK as on 06.08.2021FALLING WEDGE PATTERN FORMED!!
Breakout candle also formed!!
MACD showing strength!!
RSI above 60!!
SAME PATTERN FORMED IN A WEEKLY CHART TOO WITH BREAKOUT!!
Flag formed in a Monthly chart with a breakout candle!!
EMA 5DEMA crossing 13 and 26 DEMA in day chart!!
SO many confirmations!!
CAN MAKE A NEW HIGH!!
TARGET=1900/2000
STOP LOSS= 1750/1630 OR TRAILLING STOP LOSS!!
(THE ABOVE ANALYSIS IS ONLY FOR STUDY PURPOSE DO NOT TAKE IT AS ANY BUY OR SELL CALL)
