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Published on 6/12/2018 9:03:42 AM | Source: Religare Securities Ltd

Buy Kotak Mahindra Bank Ltd For Target Rs.50.00 - Religare Sec

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 Ltd

After breakout from a bullish reversal pattern, KOTAKBANK has retraced marginally of late around its support zone of multiple moving averages, offering opportunity to create fresh long positions. We advise traders to use this chance and initiate fresh longs through Call option.

Recommendation 

Buy Kotak Mahindra Bank Ltd 1220 CE @ 28-32 Stoploss 22 Target 50 CMP 34

 

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