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Kotak bank

Discussion in 'Technical Analysis' started by verenmitter2001, Jan 29, 2013.

  1. verenmitter2001

    verenmitter2001 Member

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    Hi shabbir
    What's your view on Kotak bank
    It may breakout from here?

    Regards
    Veren
     
  2. shabbir

    shabbir Administrator Staff Member

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    Breakout is round the corner but support is around 620
     
  3. krasquinha

    krasquinha Member

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    Hi Shabbir,

    Can't we consider 645 as support for this stock ???? Please advise ..

    Regards,
    Kiran
     
  4. shabbir

    shabbir Administrator Staff Member

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    No because that is not the level of bounce but just spent a day or two.
     
  5. verenmitter2001

    verenmitter2001 Member

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    Hi there is a breakout in KOTAK bank
    Shabbir please confirm.

    Regards
    Veren
     
  6. shabbir

    shabbir Administrator Staff Member

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    Yes above 670
     
  7. verenmitter2001

    verenmitter2001 Member

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    Hi Shabbir
    pleas help me in stoploss of Kotak
    I entered at 678 with stoploss of 660
    Is my stopl loss correct?? as i need to take sell decision today....

    Regards
    Veren
     
  8. shabbir

    shabbir Administrator Staff Member

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    Yes your stop loss is perfect Veren.
     
  9. verenmitter2001

    verenmitter2001 Member

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    Hi shabbir
    what pattern do u see in this stock.
    I am considering to re enter in this stock above 694...
    or can i enter now too as the 675 was a small ressistance level for the stock.

    regards
    veren
     
  10. shabbir

    shabbir Administrator Staff Member

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    With a SL of 650, this stock should be really good one to enter now.