Stock Radar: Kotak Bank breaks out from inverse Head & Shoulder pattern; stock likely to keep hitting fresh highs
- Posted on September 25, 2024
- By Business News Today
- 2 Views
Stock Radar: Kotak Bank breaks out from inverse Head & Shoulder pattern; stock likely to keep hitting fresh highs
Kotak Mahindra Bank Ltd has shown positive momentum after testing its 200-DMA on the daily charts. Experts suggest short to medium-term traders can target Rs 2,200 in the next 1-2 months. The stock recently hit a 52-week high of Rs 1,953 and broke out from an inverse Head & Shoulder pattern.
