$KOTAKBANK Daily Chart Technical Analysis for educational purpos

KOTAKBANK Daily Chart Technical Analysis for educational purposes only. NFA.
Bullish case : March 15, 2024

1# Price making Inverted head and shoulder , which is a Bullish reversal pattern.

2# MACD line above signal line and moving toward zero line, which is also a bullish trend signal.

3#Expecting price to retrace back to 1850 range.