What's cooking with Kotak Bank?

2021年5月25日

KOTAKBANK is sandwiched between the trendline & 50DMA and the 200DMA.

Interestingly, BANKNIFTYhas created HL-HH while Kotak has created lower highs and appears to have formed a descending triangle.

2021年5月28日

註釋

Broken out of the trendline and above 1800

2021年6月8日

註釋

Facing stiff resistance around 1820 levels so far. Banks haven't entirely participated in the rally yet (BNF underperformance is seen too). Kotak has the potential to lead the next leg of the rally for banks (if it happens).