Kotak Mahindra Bank500247Banking
Analyst remains neutral on Kotak Mahindra Bank, awaiting break of key resistance levels before turning constructive
- Near-term resistance
- 435
- Long-term resistance
- 450
- Stock high
- 435.30
Heard on business television between 15:23:20 - 15:26:20 IST.
- Kush said he's not very constructive on Kotak until 450 resistance is taken out.
- Noted near-term resistance at 435 and long-term resistance at 450.
- High for the stock was 435.30, described as more a derivative-side level than technical resistance.
- Said the stock is on his radar but not yet a strong buy.
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Also from Kotak Mahindra Bank
HSBC upgraded Kotak Mahindra Bank from hold to buy with a higher target price of 520 rupees, citing growth outlook after new CEO appointment; Geojit's Gaurang Shah also turned positive on the stock
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Chandan Taparia recommended buying Kotak Mahindra Bank on dips, citing strong resilience and a broader range setup
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Mitesh Thakkar gave a technical buy call on Kotak Bank stock on a fresh swing high
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Source: Live TV News Channel · 6 Oct 2026
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