Kotak bank- Counter trend trade

The thing with taking a counter trend trade is, there is a very high chance of trade failing, but if it works, risk reward can be really good

-Kotak bank is in a slump since long time, but it is trying to form a bottom in my opinion

for building positions, i recommend taking 50% entry above 1783, and 50% above 1789, keeping a sl below 1754

do not risk more than 1% of your account in this trade.
Trend Analysis

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