Shredskin
Short

Possible Sell Setup - On Rise

NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Kotak Bank is most likely setting up for a sell. The small term trend is broken and it is consolidating which could mean that its setting up for a sell. The price is at the low so most likely it will move back close to the previous high around 1540 levels. Looking for a sell setup when its back at the top could be prudent in terms of better risk/ reward and for trailing stops. This move could in fact be the start of the C wave on a 240 time frame...
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