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Profit from trading Kotak Bank and TCS: Rajesh V

By Rajesh V

Profit from trading Kotak Bank and TCS: Rajesh V
Bank Nifty (Refer Chart - Bank Nifty)

Bank Nifty should stay above the levels of 11370 as it will be positive for bulls, and break above 11460 it will test the levels of 11500 & 11570. Supports are 11325 / 11252 / 11210


Nifty Future (Refer Chart - Nifty)
Nifty future is at 5675, the level is important for today"s trade; above 5720 Nifty future will test the level of 5740 / 5770. Supports are – 5657 / 5624

Intra day calls

Kotak Bank
Buy above Rs 488.50
Stop loss at Rs 484.40
Target price of Rs 493/497

Buy at Rs 1144
Stop loss at Rs 1133
Target price of Rs 1160

Rajesh V. Ravanappan is a practitioner of technical analysis. He has eight years of experience in the share broking industry. He is a contributing writer for You can contact him at

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OneIndia Money DISCLAIMER: The views expressed in this article are the views of the author and do not reflect the views of our company. OneIndia Money does not take any responsibility for any losses incurred by investors who take their cues from the above article.

Story first published: Tuesday, July 26, 2011, 9:02 [IST]
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