Wednesday 20 March 2013

Chart Update : Kotak Bank

Kotak Bank Daily Chart:



Kotak Bank has breached both the support line (red and blue) which are almost year old.  last hope for bulls will be support zone of  628 and 5 month low ema currently standing at 626 , breach of this level will intensify selling pressure.  

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All the views and contents mentioned in this blog are merely for educational purposes and are not recommendations or tips offered to any person(s) with respect to the purchase or sale of the stocks / futures. I do not accept any liability/loss accruing from the use of any content from this blog. All readers of this blog must rely on their own discretion and neither any analyst nor any publisher shall be responsible for the outcome.
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8 comments:

  1. manoj jain20 March 2013 at 10:14

    in all your chart two ema show one is 34 ema and another yellow line value is?
    can u explain it?

    ReplyDelete
  2. Pattern Trading20 March 2013 at 23:07

    took support near 5 m low ema and its on run now ..

    ReplyDelete
  3. Mahender Reddy Pulakandla21 March 2013 at 06:38

    cool :)

    ReplyDelete
  4. Shiree29 March 2013 at 20:53

    Eliot wave even though the subject is enigma to me, but cant resist learning. Hopefully following you will accelerate my learning.

    ReplyDelete
  5. Shiree29 March 2013 at 20:53

    This comment has been removed by the author.

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  6. Shiree29 March 2013 at 20:53

    This comment has been removed by the author.

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