KOTAKBANK
Nifty, Banknifty and top stocks analysis for tomorrow + levelsRIL and IT stocks were under pressure today, dragging Nifty below 17k. Banks performed a little better despite pressure from PSU banks. Bajaj Finance (BAJFINANCE) has its results tomorrow, so let's see if it shows some wild moves! What are your views?
KOTAK BANK LONGKotak Bank reversing from a very strong support zone.
Only go long in this stock if BANK NIFTY sustains above 36000 zone. If the bank nifty falls, we can see it falling smoothly to lower levels.
Trade safe. Manage risk. Be profitable.
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Nifty, Banknifty and top stocks analysis for tomorrow + levelsReliance, HDFC twins and Infy were able to lift the markets fairly well today, but that does not necessarily mean that the bearishness is behind us. All eyes are on ICICI Bank as we could see it being a key performer or dragger in the coming days. What's your view?
Kotak bank weekly analysisOn weekly time frame the stock is in consolidation having important support placed at 1666.
After making low near support zone the stock is trading within a range from past 5 weeks.
Breaking above 1840 will break this range and stock may reach to the previous high.
On the flip side breaking below 1666 will accelerate selling pressure.
Keep the above trading in mind.
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