MTECHTIPS:- KOTAKBANK:- KOTAKBANK is in HOLD LONG position Share is moving sideways so short term investor better to buy if close above 1137.5 closing below 1102.0 Sell will happen. The KOTAKBANK is now trading is approaching overbought level. The KOTAKBANK is now trading is approaching overbought level. The oscillator is on SELL signal and share is coming down from overbought level.The short term buy signal is supported by 50 % indicators.
Intraday trend-Buy is advised only above 1150.2 with a stop at 1125.7 Below 1119.1 go for sell and put stop at 1143.5 The intraday signal is BUY and it is supported by 78 % indicators.