10 Jul 2020 ● 02:14 PM
Kotak Bank has been doing nothing for several days and its daily momentum has been slowly heading down. If it breaks the 20 day average at 1338 when it may also develop into a triangle if it touches 1232 near the lower end of the trading range. This level is also 61.8% of the move up from the may bottom. The upper end of the pattern is at 1420.