KOTAKBANK for 1500 and below? Accumulation or Distribution?

They say results are super Duper, but what does the chart say?

Chart with Monthly and weekly counts:





To me, looks like the price is headed lower in WXY wave. W and X being done with, Y will take it below 1500 is my primary view. Rest is up to the market makers..

I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.