KOTAK MAHINDRA BANK LTD

KOTAKBANK Overview in Daily Charts

A channel is observed, the stock is trailing near the support region of the channel, and a reversal is expected in BANKNIFTY shows a positive trend in the coming days. If the price falls below 1950, we may expect a breakdown from the channel and further downside can be expected provided BANKNIFTY shows a negative trend to support the downtrend.

Overall, I feel bullish about this stock for the coming days.

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