KOTAK BANK Targeting a new all time high?

📈🚀 KOTAK MAHINDRA BANK READY FOR A BULLISH MOVE? 🚀📈

We're eyeing a promising setup in Kotak Mahindra Bank on the 1-hour chart! After a strong uptrend from the lows of ₹1,770, it looks like we are building momentum for another leg up.

Key Levels to Watch:

📊 Potential Upside:

₹1,920: A crucial resistance, breaking above this could propel us towards ₹1,942, a full retracement level and the previous high on this timeframe.
₹1,942: This level marks the 100% Fibonacci retracement, and surpassing it could signal a strong bullish continuation, with potential targets moving higher as buyers step in.
🛡️ Support & Invalidation:

₹1,903: This level is key as our nearest support. A close below this could invalidate the short-term bullish bias, so keep a close watch. If we hold above, bulls remain in control!
With a rising 50 and 200 EMA showing clear upward momentum, a breakout beyond ₹1,920 can open up a path to test those higher levels. Let's stay alert for strong price action and volume to confirm the move! 💪

🚨 Plan your trade, trade your plan! 🚨