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KOTAK BANK | Rounding Top

NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Rounding Top pattern confirmed in KotakBank . Neck level 1467.5 is broken decisively and the stock can be considered as Short candidate. Do note that volume has been diminishing as the pattern was formed adding further confirmation of a temporary weakness. Target for short selling comes at 1394 according to the pattern, whereas 1400 as target could be safer.

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