"KOTAKBANK" on positive reversal
Diupdate
KOTAKBANK is trying to breach 0.5 Fibonacci levels, and if succeeds to close above that level we can see short term upside in the stock.Target 1 = INR 1778.40
Target 2 = INR 1803.60
Stop Loss = INR1717
The analysis is based on the Fibonacci numbers, MACD and other technical indicators involved.
Disclaimer: The following information is for educational and informational purposes only and should not be construed as financial advice or a recommendation to buy, sell or hold any stock or investment. Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume . However, the future performance of a stock or investment cannot be guaranteed based on technical analysis alone, and other factors, such as economic conditions and company fundamentals, should be considered when making investment decisions. Before making any investment decisions, please consult with a licensed financial advisor and conduct your own research to determine if an investment is suitable for your individual circumstances and risk tolerance. Past performance is not indicative of future results, and investing involves risk, including the possible loss of principal.{/i]
Trading ditutup: stop tercapai
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