RBI list for โSerious deficiencies and non complianceโ at #kotakbank includes almost everything under tech at a bank.
I find it hard to believe that all PSU banks are doing this just right but Kotak bank canโt.
I DONโT BELIEVE IT.
#KotakBank
Can 1111 level be touched...???
- Long term TREND is sideways from last 3 years.
- Below 1600 MCB, trend can change to negative.
- 1600-1650 is major support zone, agr 1600 ke niche monthly close hota hai to 1000-1100 zone ja sakta hai. because 1000-1100 zone se
#KOTAKBANK
Decent Base near 1570-1600 zone....
After recent fall seems risk taking zone.
CMP 1608-1609
can plan to take 2% Risk as near as 1600 zone.
Just matter of time before range breakdown in #KotakBank
1000-1100 target given at 1960, so far 1660
#JUStIn | ReserveBankOfIndia takes action against Kotak Mahindra Bank, asks the bank to not onboard new customers via mobile and online banking
#RBI #Kotakbank
Kotak Bank look weak on chart.
If 1600 breaks next support is ๐๐๐๐ which is ๐๐๐ ๐จ๐ฅ๐ ๐ญ๐ซ๐๐ง๐๐ฅ๐ข๐ง๐.
#KOTAKBANK
Kotak Mahindra Bank Ltd
(Personal View)
๐จ #kotakbank is down 10% after RBI imposed restrictions.
A good stock in a bad situation is what I always choose to add.
But since uncertainties surround, initiated a perfect hedge.
Stock at 1670. Now, even if the stock price comes to 0, the maximum I can lose here is 1200.
Everytime when you think #KOTAKBANK is about to give a BO, it faces some hurdle, this time its from the regulator
