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Will fall continue for Kotak bank?

KOTAK MAHINDRA BAN (NSE:KOTAKBANK)  
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NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
The stock is at important support level. Close below 1600 levels can pull the stock further down.
RSI near 30 and falling
Trading below EMA50
Volume spurt

Suggest caution in long calls !

Disc: for study, not a recommendation
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