Kotak Bank - On the verge of breaking trendline support

Friday's selloff in Kotak Mahindra Bank due to ING's stake sale has taken it back to its supporting trendline.

Seems that it has already broken the trendline slightly, but will look for confirmation to sell it for targets of 1210 and 1170.


Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.