moving average is a technical indicator it is base on past prices it help out smooth price action by filtering out the noise from random price fluctuations. in kotak mahindra bank we have plot three moving average 20, 50 and 100, now price has touch 100ma and move away from it and it acted as support for the price we can enter that price with stop loss below 100ma and target can be at 50 ma
kotak mahindra bank
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Stock Analysis
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Bullish View
Bearish View
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