Kotak Mahindra bank form double top Reversal pattern.
Bearish View (Short Opportunity): The pattern suggests shorting on any rally back up to ₹2,020 (potential resistance or retest of the neckline/breakout level).
As per pattern is may test 1818 soon target -2.
Risk-reward ratio: Approximately 1:2-3, assuming disciplined stops.
Bearish View (Short Opportunity): The pattern suggests shorting on any rally back up to ₹2,020 (potential resistance or retest of the neckline/breakout level).
As per pattern is may test 1818 soon target -2.
Risk-reward ratio: Approximately 1:2-3, assuming disciplined stops.
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