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Published on 13/08/2019 9:39:50 AM | Source: Religare Securities Ltd

Buy Kotak Mahindra Bank Ltd For Target Rs.1595 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #Kotak Mahindra Bank Ltd #Banking Sector #Trading Report #Religare Securities Ltd

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Kotak Mahindra Bank Limited (KOTAKBANK)

KOTAKBANK is one of the strongest counter in private banking space and trading at its record high. Today, i.e. on Aug 9, it has surged strongly supported with decent rise in volume and now trading on the verge of breakout from its two months long consolidation phase We advise initiating fresh longs as per the recommended levels.

Recommendation

Buy Kotak Mahindra Bank Ltd @ 1525-1530 Stoploss 1495 Target 1595 CMP 1532.10

 

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