KOTAKBANK.....A good example of Channel Breakout.

KOTAKBANK has given a break above its falling channel which was there from past 4 months. May be a good buying opportunity but the only concern is its volume activity. It is a good buying opportunity above 465 and it may fly till 490. SL should be around 452.

This is not a trading recommendation. It is just a random study.
Be invested.


Cheers
Chirag CM