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madhusudhan237

Kotak bank

Long
KOTAK MAHINDRA BAN (NSE:KOTAKBANK)  
madhusudhan237 Updated   
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Support and Resistance Multiple Time Frame Analysis Wedge
3
0
supportandresistance mtfa wedgepattern
Trade Setup:
Weekly TF: Broke out of wedge pattern, and retest happening. 1700 INR is support, with 50EMA support acting as confluence.
Entry = CMP ie; 1703 INR
SL = below recent swing low ie; 1620 INR (consider exit when price closes on weekly basis)
Target = 2000 INR.
RR = 3.47
Trade closed: target reached:
Super trade. Target reached, and trade closed.
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