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KOTAK BANK TAKING SUPPORT FROM 50 EMA IN 2 HRS

NSE:KOTAKBANK   KOTAK MAHINDRA BAN
ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
IT IS TAKING SUPPORT FROM 0.5 FIBO LEVEL AS WELL AS 50 EMA IN 2 HOURS TIME FRAME. IN 30 MINS IT IS GETTING SUPPORT FROM 200 EMA
BUY ABOVE 1840 OR SELL BELOW 1800; DEPENDS ON THE BREAKOUT.

The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB : PULLBACK

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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)

HAPPY TRADING!!!
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