KOTAKBANK - 2H TF - Head & Shoulders
Head & Shoulders pattern forming on 2H Chart of KOTAKBANK. SELL 1300, SL 1385, Target(s) - 1285, 1275, 1265, and so-on. Measurement from top to bottom = 124. SL is far because one cannot ignore the rules of a pattern but at the same time also have to be reasonable about the probable and acheivable target(s). Alternatively, SL can be decided according to the Hourly Chart. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
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