Kotak Bank has broken above a long-term descending trendline resistance, indicating a potential bullish breakout. 🚀
✅ Price breakout above trendline resistance
✅ Strong bullish candle with a volume spike
✅ Price trading above key moving averages
✅ SuperTrend indicating positive momentum
🎯 What to Watch: Sustained price action above the breakout zone around ₹435–₹445 could support further upside. Watch for a successful retest and follow-through before considering a trade.
⚠️ *Disclaimer:* This is for educational purposes only, not a buy/sell recommendation. Always manage your risk.
✅ Price breakout above trendline resistance
✅ Strong bullish candle with a volume spike
✅ Price trading above key moving averages
✅ SuperTrend indicating positive momentum
🎯 What to Watch: Sustained price action above the breakout zone around ₹435–₹445 could support further upside. Watch for a successful retest and follow-through before considering a trade.
⚠️ *Disclaimer:* This is for educational purposes only, not a buy/sell recommendation. Always manage your risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.