2026-10-08 11:59:58 am | Source: Religare Broking Ltd
Stock of the day - Kotak Mahindra Bank Ltd Target Rs. 470 - Religare Broking Ltd
Kotak Mahindra Bank Ltd
Buy Kotak Mahindra Bank Ltd CMP (Rs) 440 Range* 438-440 SL 422 Target 470
* KOTAKBANK is exhibiting a robust bullish continuation pattern following a decisive breakout above the previous swing high, reinforcing the prospects of further upside.
* Price action remains firmly positioned above the short and medium-term moving averages, while expanding volumes during upward moves confirm strength.
* The stock continues to trade within a rising channel, consistently forming higher highs and higher lows, supporting uptrend.
* Traders may consider accumulating the stock within the recommended range.
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