KOTAK BANK: SYMMETRICAL TRIANGLE

Stock is under formation of a symmetrical triangle pattern. Stock is holding above it's 200 EMA on the weekly chart. A sustained closed above 2060 will be considered as a confirmed breakout of the pattern which shall take the prices towards 2800 zone in the coming months.
Chart PatternsKOTAKBANKkotakbanklongkotakbankltdkotakbanktechnicalchartkotakmahindrabankstockstobuystockstotradestockstowatchSymmetrical TriangleTrend AnalysisWave Analysis

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
tradingsutra.com
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