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Stock Radar: Kotak Mahindra Bank records breakout from Double Bottom pattern, eyes Rs 1900 levels; should you buy?
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Kotak Mahindra Bank has recorded a breakout from a Double Bottom pattern on the daily charts, which has opened room for the stock to head towards Rs 1900 levels, suggested experts.Short-term traders can look to buy the stock now or on dips tracking momentum seen in the banking space, they maintained.While Nifty50 touched record highs in September, NiftyBank is also inching higher.
It has outperformed the Nifty50 on a weekly as well as monthly
. Read more on economictimes.indiatimes.comAbout this in other media
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