KOTAK MAHINDRA BANK LTD
Panjang

KOTAKBANK, MUST HAVE BANKING STOCK ON PORTFOLIO (CHART# 343)

KOTAKBANK is testing 1400-1425 zone for 4th time. Banking sector is currently in trend and KOTAKBANK is one of the sound fundamental stock as well.
Once it cross this resistance zone, it can see 1530-1550 in coming days/week.
This zone is respected since July' 18 multiple times as highlighted by flags (red & green color). Must have on your watchlist for coming days.

Daily view of same chart
syot kilat

Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.

Thanks
Piyush Gupta

Penafian