Kotak Mahindra Bank Limited
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SHORT Short signal Kotakbnk at 1306 , Rising wedge pattern break

131
Entry - 1306
First target - 1270
Second target - 1234
Third target - 1158
Stop loss - 1338

I will short kotakbnk because :
1) It is forming a rising wedge pattern.
2) The price has given a breakout from the rising wedge pattern.
3) The breakout is downards so will short kotakbnk.
Ghi chú
Reached first target
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