Kotak Support zone buy in cheap price
1st Entry: 1400
2nd SIP : 1200
3rd SIP : 1000
Emergency tip : You should not buy to the dip. If 1000 level broken đź’” . It may crash tho.
Description with Logic :- Kotak Mahindra bank is a very good company. With fundamental and price behaviour combined analysis described it as Uptrend Rally and it has to be retracted (when in downtrend in future time) to support level 1400 and 1200 and 1000 . You may SIP while market will going down. Today the Cmp of stock is 1700 approx , it may reduce atleast 30% that is 1200 or lower. To prevent BUBBLE MARKET.
2nd SIP : 1200
3rd SIP : 1000
Emergency tip : You should not buy to the dip. If 1000 level broken đź’” . It may crash tho.
Description with Logic :- Kotak Mahindra bank is a very good company. With fundamental and price behaviour combined analysis described it as Uptrend Rally and it has to be retracted (when in downtrend in future time) to support level 1400 and 1200 and 1000 . You may SIP while market will going down. Today the Cmp of stock is 1700 approx , it may reduce atleast 30% that is 1200 or lower. To prevent BUBBLE MARKET.
Gaganananda Parida
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