Kotak Bank: Good FIBO pattern

2021년 2월 24일

The chart shows how Kotak Bank is following the levels of FIBO beautifully. Currently, it is trading at a 50% FIBO level from where if it takes support then it can retest the earlier 32% Zone. If it does not then it will hunt for the 1820 level which is 61.8% level. This zone becomes a very attractive valuation for Kotak Bank.

All Levels are mentioned on the chart.

DISC: For educational purposes only.

2021년 2월 26일

액티브 트레이드

As the stock has reached our buying levels. We have made an entry in this now.

2021년 3월 3일

노트

SL Should be trailed to 1820 levels now. Hence this trade should not give any loss at all now.

2021년 3월 8일

노트

Target 1 is reached. SL can now be trailed to 1880 levels.

2021년 3월 9일

노트

Target 2 is also reached. SL can be trailed to 1925 now.

2021년 3월 12일

거래청산: 스탑 닿음

Trailed stop loss of 1925 has hit. Closing this trade now.