AkshatPatwa
Long

Kotak Bank has made a triangle breakout

NSE:KOTAKBANK   KOTAK MAHINDRA BAN
124 1 13
kotak bank has made a triangle breakout after consolidation...

targets are 990/ 1005/ 1030

SL 970

Note: Do your own study before making any position...

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In my opinion the triangle needs to connect price lows and highs. The triangle you have drawn is just over the daily prices which I don't think is correct. Refer to the triangle patterns shown here
http://www.investopedia.com/university/charts/charts5.asp
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