KOTAKBANK on a 1-Day Chart:
Support Levels (on 1-day chart):
Recent Lows: Look at the most recent significant low points where the price of KOTAKBANK reversed and moved higher.
Previous Swing Lows: The last swing low from the prior days or weeks may act as support.
Psychological Levels: Round numbers (such as ₹1500, ₹1600) often act as support.
Resistance Levels (on 1-day chart):
Recent Highs: Identify the previous day's or week’s highs, as these will likely act as resistance points.
Previous Swing Highs: These are the levels where the stock faced selling pressure previously.
Psychological Resistance Levels: Round numbers (such as ₹1700, ₹1750) can act as resistance.
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