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KOTAK MAHINDRA BANK LTDDiupdate

kotak bank ranging inside wedge pattern on daily time frame

KOTAKBANK seems to be trading in wedge pattern on daily timeframe if happens to break trendline of wedge in downside, may show a fall till second support,
first support (1670 zone) is at the bottom trendline of the wedge patterm from where kotak bank may move upside again if carries on the move inside wedge pattern
Catatan
we are still following the wedge bit by bit if not cut to cut
Catatan
kotak bank near upper trendline of the daily wedge pattern, keep your eyes on the price action over here, if you are patient enough to wait for the price action to enter the trade, market will surely reward you for that.
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