My previous chart on kotak mahindra bank is a little off, so i thought i'll make a fresh one.
Bullish Signals
The daily candle formed a bullish engulfing candle.
The Stochastic RSI is oversold and is attempting a reversal.
The MACD on the Daily is converging and had a bullish crossover on the 4H.
This is currently a sideways market, Bollinger bands are useful for determining a reversal. The price action just hit the lower band and reversal with the above mentioned signals.
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