I have observed that Kotak Mahindra Bank is in weekly range of 1650-2000 since two years. Bank Nifty has shot-up up to 71 percent in last two years. Kotak Mahindra Bank is one of the fig four bank in major four private banks namely HDFC, ICICI, Axis and Kotak.

Still kotak mahindra bank is within the range. If, Kotak Mahindra Bank breaks range of 2000 and moves above, we will see fantastic rally in such stock.

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Penafian