KOTAK MAHINDRA BANK
- KOTAK MAHINDRA BANK has formed head and shoulder bullish formation in daily chart. And stock has now closed above its previous top of 972, Close watch chart indicates as long as stock holds above 972 will favor bulls.
- If stock moved up from current levels then will find next strong resistance around 1050 its 161.8% fibonacci retracement.
- Suggested Reading - CNX FINANCE INDEX is on the verge of bullish breakout.
- Weekly chart also indicates stock is now trading above 161.8% fibonacci retracement this indicates as long as stock holds above its resistance in weekly chart stock will favor bulls.
- Click here to see all the trading reports (tips) published by us on KOTAK MAHINDRA BANK (as per technical analysis point of view).
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