KOTAK MAHINDRA BANK LTDUpdated Head&shoulder in KOTAKBANK
KOTAKBANK is forming Bearish head&shoulder pattern.If it breaks neckline according to chart and H&Spattern support & targets are:
1. Traget1:1850-1835(200 EMA)
Target2:1650-1640
2. Support1: 1830
Support2: 1750(pre covid level)
Support3 : 1700
1. Traget1:1850-1835(200 EMA)
Target2:1650-1640
2. Support1: 1830
Support2: 1750(pre covid level)
Support3 : 1700
Note
Target1 achieved
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.