KotakMahindra readying for a good move
KotakMahindra seems to be making a sold base for its next move.
Trade active:
TRADE: Entered KotakMahindra @1800 half risk.
REASON TO TRADE: IT has been taking support near 1600-1650 levels as it was its previous high in 2019 after which it fell badly during COVID. In 2021 that high was taken out and has become a sold base at 1600-1650 levels from big buyers.
DEFINED SL@ 1625-1650 on a daily closing basis.
REASON TO TRADE: IT has been taking support near 1600-1650 levels as it was its previous high in 2019 after which it fell badly during COVID. In 2021 that high was taken out and has become a sold base at 1600-1650 levels from big buyers.
DEFINED SL@ 1625-1650 on a daily closing basis.
Trade closed: stop reached:
TRADE: Took SL and closed the trade.