Kotak Mahindra Bank NSE:KOTAKBANK got rejected at the long term upward trendline after a good pullback.
I think it is heading back to 1118 levels.
Break of 1118 can even take it to 1050.
Good opportunity to short with stop loss a few points above the trendline.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.