In four hour it formed head and shoulder so go for short when it breaks that support line at 1690 the targets and stoploss by your own
Go short Kotak bank intraday , target and stop loss as mentioned in the chart . Losing strength on hourly chart. Over all trend is sell on rise only can keep 1622 stop for back to back sell on rise based on your own risk appetite.
Kotak is in my watchlist for today Intraday Setup, Consider watching the Buy Levels.
Please consider to check out these Intraday Level for 28th 2019
Kotak Bank is showing classical divergence in monthly chart. RSI is showing descending pattern (marked) while stock has reached new high. Earlier Trough of RSI which was formed after touching RSI > 70 line has broken while stock made new high in monthly chart. I think Rs. 150 correction from current level. Previously stock made bottom while monthly RSI touched...
Stock price is moving within a channel and holding strong in channel
NSE:KOTAKBANK #Kotakmahindrabank
kotak bank forming round top expecting some bearish movement
1360 is an Important level for Monday. We can see a good correction if it's breakdown it.