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
코멘트:
Target1 achieved