7% Gain in Short term - KOTAK Bank

Stock has corrected after publishing very good results. Mostly HNIs / Operators are accumulating it. Earlier also, it was consolidated at this level and gave a run up till the neckline of a bigger CWH pattern. There is a high possibility that it will retest the neckline. It may or may not give a breakout. So 7% gain can be expected in short term.
Chart PatternsTrend Analysis

Disclaimer