Will the K-legacy prove its value ? View on Kotak Mahindra Bank
KOTAKBANK Banking major has immense growth opportunity and think to note is this bank is utilising it by all means. Bank is well managed and capable. The arm of broking, Kotak securities will unlock bank's value in future. Fundamentally strong. There is no immediate upside visible in technical charts but a trend reversel is surely possible in upcoming months. 2200 target visible according to trendline. 1622 level will act as support for medium term investors but an opportunity for long term investors.
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