TradingSutra

KOTAK BANK : Descending Triangle

Short
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Formation of descending triangle . No long till the level of 1850 cross & holds successfully by the bulls. One should Sell kotak bank with sL of 1830 for the target of 1750/1680 .
Comment: typo : Ascending triangle pattern
Comment: 1st tgt reached

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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