Stock of the day : Kotak Mahindra Bank Ltd by Target Rs. 458 - Religare Broking Ltd
Kotak Mahindra Bank Ltd

* Kotak Bank’s technical structure reflects a constructive bullish bias, with prices consistently holding above the longer-term moving average and staging a decisive rebound, indicating strong accumulation at lower levels.
* The recent price action highlights the formation of higher lows and an improving trend structure, supported by a pickup in volumes.
* Momentum indicators are emerging from neutral territory, suggesting trend continuation rather than fatigue.
* Investors may consider initiating long positions within the specified price range.
Buy Kotak Mahindra Bank Ltd CMP 430.70 Range 428-431 SL 415Target 458
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SEBI Registration number is INZ00017433
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