Kotak Bank is forming a rare Diamond Pattern.
Diamond Patterns are very unpredictable and can act as both "continuation" and "reversal" pattern.
It would be in the interest of the traders to Not pre-empt the move.
Let the breakout / breakdown happen.
H & S Pattern formed
Bearish trend as per ichimoku
Fresh b/d in MACD
Break below marked zone could present interesting opportunity.
These are my personal views and chart analysis; not a trade recommendation.