KOTAK MAHINDRA BANK LTD
Long
Updated

20% upside potential in Kotak bank

567
The large cap bank set out an impulse in march 2023 and since then has been in a complex corrective mode and retraced more than 705 of the wave i. This provides a good entry and a good risk/reward from CMP to enter the stock with a good risk reward(5% vs 23%).

sl 1635
target 2110


Note
SL trailed to 1740

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