Kotak Bank has formed an excellent triple top and is now breaking down from the Monthly Pivot.
Observe the price action today and you will notice that even the Weekly Pivot has been decisively rejected.
This is giving me the confidence to go short for a target to 1712 level.
SL will be today's high.
This will be an STBT type trade.
Observe the price action today and you will notice that even the Weekly Pivot has been decisively rejected.
This is giving me the confidence to go short for a target to 1712 level.
SL will be today's high.
This will be an STBT type trade.
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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.