Kotak bank has formed a flag pattern on October 2020. Steep pole was formed with high volume followed by horizontal flag forming for 4 days. Entry price would be 1597 when price starts moving the above the pole. Stoploss will be the low of the pole 1454. Considering the risk to reward ratio as 1, target 1745 was achieved in 6 days.
Kotakbank – Flag pattern
