Channel Formation in Kotak Bank

By | June 9, 2009 6:13 pm

Kotak Bank is showing a Channel formation in Daily Charts,Now what i feel is it is in a range of rs 600 to 703 and right now at upper band.

Now buy Kotak bank above 704 for a tgt of 725 750 and short below 600 for a tgt of 571 and if it breaks than we can go ahead and fill the gap till 527.

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