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kotak mahindra bank share price: Stock Radar: Kotak Mahindra Bank records breakout from Double Bottom pattern, eyes Rs 1900 levels; should you buy?

Though the private sector bank is down by over 12% from its May highs, it is showing signs of momentum. After hitting a record high on 31 May 2023, the stock failed to hold on to the momentum. It found support above Rs 1820 levels, but that got breached and the stock eventually got support above Rs 1750 levels on daily charts
Kotak Mahindra Bank Double Bottom While Nifty Stock Radar Stock In News Stock Idea

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Trade Spotlight | Your strategy for Cochin Shipyard, Jindal Worldwide, NMDC today

NMDC broke the falling resistance trendline adjoining highs of January 13 and August 1, and clocked more than 4 percent gains at Rs 118.70. The stock has seen formation of long bullish candlestick pattern on the daily timeframe, with multi-fold jump in trading volumes.
Ashish Kyal Bank Nifty Cochin Shipyard Jindal Worldwide Nifty Midcap Waves Strategy Advisors

Credit Suisse: USD/CAD eyes "double bottom" base, with potential to move higher

Credit Suisse highlights a potential double bottom formation for USD/CAD, indicating the possibility of a significant upward move. Resistance levels and bullish divergence in RSI support a positive outlook. Market participants can use this analysis to anticipate the pair's short-term trajectory.
Double Bottom Credit Suisse Double Bottom Base Key Resistance Relative Strength

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