W or Double bottom Breakout !!

Updated
AS you can see KOTAKBANK has formed a beautiful W or Double Bottom pattern and given a breakout. One can go long on CMP. Targets are mentioned in the chart.

Note : For Educational Purposes only.
Note
1st Target achieved
Chart PatternsKOTAKBANKkotakbanklongkotakmahindrabankTrend Analysis

Disclaimer