KotakBank Daily Chart Update
KotakBank is forming a Broadening Pattern near the Law of Polarity support zone at 1910–1930.
Currently trading close to the pattern resistance. A breakout above this level may open the way towards the upper boundary target near 2200.
If the pattern extends further, the stock could first see a dip before beginning its final leg of the structure.
Sustaining above the 1910–1930 support zone will strengthen the bullish outlook.
Thank you!
KotakBank is forming a Broadening Pattern near the Law of Polarity support zone at 1910–1930.
Currently trading close to the pattern resistance. A breakout above this level may open the way towards the upper boundary target near 2200.
If the pattern extends further, the stock could first see a dip before beginning its final leg of the structure.
Sustaining above the 1910–1930 support zone will strengthen the bullish outlook.
Thank you!
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
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.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
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.