SHORT Short signal Kotakbnk at 1306 , Rising wedge pattern break
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.