Happy New Year 2025 to all!
As the first trade for 2025, I see Kotak Mahindra providing a good shorting opportunity.
The stock has shot up today and has hit the downward resistance zone trend line.
A short position can be taken once price closes strongly below 1820.
Downside target - 1787
SL - Today's high.
As the first trade for 2025, I see Kotak Mahindra providing a good shorting opportunity.
The stock has shot up today and has hit the downward resistance zone trend line.
A short position can be taken once price closes strongly below 1820.
Downside target - 1787
SL - Today's high.
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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.
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.