Technically Speaking - Buy Kotak Mahindra Bank Ltd For Target Of Rs. 2200 - LKP Securities
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* Stock is hovering near its previous breakout zone which consider as good demand zone technically
* Stock has create sort of rectangle pattern on hourly chart which is sign of accumulation and it has breakout zone above 1815
* Previously also stock showed strong move from the same demand zone
* Momentum indicator RSI also showing positive move
* MACD has showed bullish crossover
Buy Kotak Mahindra Bank Ltd @ 1815-1825 CMP 1815 TGT 2200 SL Below Rs 1700 CB
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