2026-10-01 12:04:38 pm | Source: Religare Broking Ltd
Stock of the day - Kotak Mahindra Bank Ltd Target Rs. 440 - Religare Broking Ltd
Kotak Mahindra Bank Ltd
Buy Kotak Mahindra Bank Ltd CMP (Rs) 417 Range* 415-417 SL 404 Target 440
* KOTAKBANK maintains a bullish set-up after rebounding sharply with an upside breakout of its declining trendline, hinting upside to remain continue over short term.
* Price has reclaimed its short and medium-term moving averages and even sustaining above them, indicating strengthening of momentum.
* Recent recovery has been accompanied by rising volume, while the formation of higher lows reinforces the bullish bias.
* Investors may consider accumulating the stock within the recommended range.
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