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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1st tgt reached today...
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Comments
sreeni_r
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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
investopedia.com/university/charts/charts5.asp
investopedia.com/university/charts/charts5.asp