What's cooking with Kotak Bank?

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is sandwiched between the trendline & 50DMA and the 200DMA.

Interestingly, has created HL-HH while Kotak has created lower highs and appears to have formed a descending triangle.

Note

Broken out of the trendline and above 1800

Note

Facing stiff resistance around 1820 levels so far. Banks haven't entirely participated in the rally yet (BNF underperformance is seen too). Kotak has the potential to lead the next leg of the rally for banks (if it happens).

MarketsWithKR

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