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MTECHTIPS:-  KOTAKBANK:- KOTAKBANK is in HOLD SHORT position The share is in downtrend For short term buy only if close above 1294.0 Selling pressure seems to be deceasing So Short term sellers have to take a cautious approach.Short only below 1270.1 The oscillator is showing BUY signal .The short term sell signal is only supported by 25 % indicators.
Intraday trend-Buy is advised only above 1300.2 with a stop at 1276.9 Below 1270.8 go for sell and put stop at 1294.1 The intraday signal is SELL and it is only supported by 18 % indicators.