Let's discuss the trading strategy in Kotak Mahindra Bank, listed on Indian Stock Exchange, with ichimoku Kinko Hyo indicator.

 

 



 

 

 

Yesterday, Kotak Mahindra bank CLOSED below kumo @441.45. Chikou-Span (CS) was also below kumo; thus confirming the bearish breakout signal. Book your profit / loss at these levels. The stock will go more down from here.

Support: 429.90, 421.50

Kotak Mahindra Bank Ltd. Technical Chart | 24-Nov-2011
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Admin November 24, 2011

https://www.investmentkit.com/articles/wp-content/uploads/2011/11/Kotak-Mahindra-Bank.gifhttps://www.investmentkit.com/articles/wp-content/uploads/2011/11/Kotak-Mahindra-Bank-150x75.gifAdminStock Marketbank ltd,breakout,indian stock exchange,profit loss,signal book,span,trading strategyLet's discuss the trading strategy in Kotak Mahindra Bank, listed on Indian Stock Exchange, with ichimoku Kinko Hyo indicator.           Yesterday, Kotak Mahindra bank CLOSED below kumo @441.45. Chikou-Span (CS) was also below kumo; thus confirming the bearish breakout signal. Book your profit / loss at these levels. The stock will go...Tutorials to Educate Investors

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