KOTAKBANK

– Bearish Engulfing observed on Aug 1, 2017. Also, prices are above 21 day MA and in trending area. So, prices are expected to be attracted to MA.

– Take short position:

Entry : 1101.3 on Aug 1, 2017

Stop level: 1023.8

Target: 998.7 achieved on Aug 3, 2017

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