KOTAKBANK CEREATING BEARISH MEGAPHONE

bearish megaphone pattern. Megaphone patterns can tell investors a lot about a stock, depending on which direction they're going. They aren't the be-all-end-all for investment decisions, but they can serve as a solid technical indicator in a market that's pushing and pulling.This means that it can happen when a subsequent ascension (that's higher than the first) occurs after a downswing. Meanwhile, another descension (that's lower than the first) occurs after the upswing.

The megaphone pattern ends when the following upswing or downswing doesn't exceed the one before it.KOTAKBANK