#KotakBank is trading a tight range between 1691-1813. It has tried to breakout beyond the range multiple times but failed. 1813 level is tested 7 times with an attempt to breakout. If breaks out above 1813 it can test 1948 which is copy book target for the range BO. Good to go #Long with protection.
Comment:
No clear breakout. View negated. Will reassess later.
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All these trade picks are selected using technical analysis and price action (VSA MomentumInvest Trading Setup) and for my own trading purpose only. Technical indicators are lagging and may generate false buy/sell signals. Market is supreme and my views may go horribly wrong. Please don't consider these trade ideas as trading recommendations. You may consider it for learning or at max use it for paper trading. Strictly avoid it for trading using real money. I am not responsible for any kind of profit and losses arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades (or trade at your own risk).