SHORT Short signal Kotakbnk at 1306 , Rising wedge pattern break
Updated
Entry - 1306
First target - 1270
Second target - 1234
Third target - 1158
Stop loss - 1338
I will short kotakbnk because :
1) It is forming a rising wedge pattern.
2) The price has given a breakout from the rising wedge pattern.
3) The breakout is downards so will short kotakbnk.
First target - 1270
Second target - 1234
Third target - 1158
Stop loss - 1338
I will short kotakbnk because :
1) It is forming a rising wedge pattern.
2) The price has given a breakout from the rising wedge pattern.
3) The breakout is downards so will short kotakbnk.
Note
Reached first targetTrade closed: target reached
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