Kotak Mahindra Bank is approaching trend line support 785.00

3 בנוב׳ 2016

Kotak Mahindra Bank after retracing 50% to its short term trend and moved up again and further retracing to a target of 785.00 before moving in upward direction. trader may go short up the target of 785.00, and wait for situation breakout or upward movement. risky trader can go long at 785.00 with small stop loss if breakout occurs.