KOTAK MAHINDRA 1D Chart Analysis
Showing great resistance/sellers area between 1800-1830. A strong support line is also identified.
✅ Must wait for breakout with a candle closing above resistance area with high volumes.
✅ Target somewhere around 2020.
🚨 Just my analysis, Not a tip
You can see a pennant formation in this dailychart of Kotak Mahindra, most likely to give a breakout. Pennant A gave a breakout but sellers took the hold and price again tested the support level and again buyers took the charge. Stock has touched 1702 support level many a times never breaking down. Buyers always take the hold of it whenever it touches the support...
