Sensex Technical View:
As it can be seen in the green channel Sensex has come up to the trendline and should find resistance in the first try at least which is being seen today.
In the near term a gap was made at 17857-17752 which can be a support level to watch for.
The near term top at 18550 is a level to watch for.
If one considers an intermediate bottom to be made at 17300 then we can expect a 38/50% retracement of the fall which comes at 18550/19000 roughly.
Kotak bank -
The stock had given a breakdown around 400 levels some time back. A retest of 405-415 where traders may look for shorts with a view of pullback to 380 levels
TECHNICAL ANALYSIS TRAINING SESSION DELHI FEB 26-27 ( very few seats left)