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Intraday Derivatives Strategy on Kotak Bank -
Intraday Derivatives Strategy on Kotak Bank
Nirmal Bang | Published: 06 Sep, 2017  | Source :

Date: 06 SEPTEMBER, 2017


Strategy – FUTURE BUY

Buy KOTAKBANK Future above 996, with SL 985 and Target 1018-1030

Reason – Technically the stock had been moving in higher top and higher bottom formation in longer term charts and currently near support area, indicating positive bias. The 1000 CE has the highest OI indicating that the stock is now likely to move towards 1020-1040 levels in near term

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About Nirmal Bang

Founded in 1986 by Nirmal Bang, the Nirmal Bang is recognized as one of the largest retail broking houses in India, providing an array of financial products and services. Their retail and institutional clients have access to products such as equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS. The Group is headed by Mr. Dilip Bang and Mr. Kishore Bang.

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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.