this pattern is very similar to adani ports have been watching both stocks very closely no matter what the media says when it is looking bad on charts it is bad in real levels of below 1550 look real now as the falling trendline support is there time will tell where it make bottom all influencers and you tubers were seen promoting kotak bank for long term investment as there best bet and it is the worst performing in last 1/2 years of the major banks ie hdfc,icici,axis,sbi kotak looks worst on charts among top banks
question = will invest if you see a drop in kotak bank price ?
what price will you be ok to buy if share price drops from here?
this type of rectangle pattern was also in hdfclife share adani ports and also this consolidation in rectangle pattern is seen in , tataconsumer, tatamotors, tata steel and some more nifty 50 stocks as well