Kotak Mahindra Bank from 22 July 2020

2020年7月22日

Analysis:
1. First High was created ...-> came back to support zone ( retracement zone ) --> mission to create new high
2. Attempt to break the high and create Higher High ( succeed but not by margin )
3. Again came back to support zone for spring entry to create a higher High ..

Expecting New high to be created around the level of 1440 --> 1500
Their are 2 main consolidation zone ---> will create a lot of whipsaw between the levels
MACD and RSI both showing Positive sign

MFI is on the downside ---> expecting it to increase as price increases

Setup :

1. Call setup looking not so profitable
2. Best setup seems to Sell PUT options and buy positional position

2020年7月28日

交易進行

Target 1 -> 1385 achieved