Breakout Trades:Kotak Bank,Andhra Bank and BF Utility
KOTAK BANK
Kotak Bank after stock split has shown a breakout on daily charts.As this rally in nifty is led by Banks Kotak technically looks ripe for another run for 5%
MACD is showing a positive divergence and RSI is also indicating Buy levels.
Buy above 460 Tgt 464,474 and 489
Short below 440 Tgt 425 and 415
ANDHRA BANK
Andhra Bank is in strong uptrend as all other banks are but today it is near its Breakout Levels of Rs 167
MACD is showing positive divergence and RSI is giving Buy signals
Buy above 167 Tgt …
Read the full story »
Kotak Bank after stock split has shown a breakout on daily charts.As this rally in nifty is led by Banks Kotak technically looks ripe for another run for 5%
MACD is showing a positive divergence and RSI is also indicating Buy levels.
Buy above 460 Tgt 464,474 and 489
Short below 440 Tgt 425 and 415
ANDHRA BANK
Andhra Bank is in strong uptrend as all other banks are but today it is near its Breakout Levels of Rs 167
MACD is showing positive divergence and RSI is giving Buy signals
Buy above 167 Tgt …
Read the full story »
posted by Bramesh at
1:31 AM
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