Kotak Bank Long opportunity

5 сент. 2021 г.

KOTAKBANK

Hello All!!

The chart is pretty much self-explanatory. There is a pole and flag pattern. Also, it's the bottom of the channel and is supported by a 50 week EMA.

This is thus a triple confluence and thus makes for a really good long position. The Reward to Risk ratio is also really good.

Do let me know your views on this.

HAPPY TRADING!!

*NOT A CALL*