IIT-Trader

KOTAKBANK--H & S pattern??

NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Observations::

Left Shoulder: @1980
Head @ 2060
Right Shoulder :: if forms @ 1980
we have a strong neckline @1860, which will push the price up to right shoulder again..
if price breaks the neckline will observe a retracement to neckline or 1900 zone,
then look for sell until the bullish gap finished on bottom side @ 1780-1770 levels.

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