Stock Radar: Buy Kotak Mahindra Bank for a target of Rs 2000, Sumeet Bagadia's recommendation
“Kotak Mahindra Bank has taken support of 50 and 20 Simple Moving Averages. The stock has given a breakout of the falling trend line at the level of 1800 and is sustaining the said levels. One can initiate a long position at current levels for the upside target of 1950 and 2000 levels," Sumeet Bagadia, Executive Director, Choice Broking, said.
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