Kotak bank has been under-performing the bank nifty index a lot. Bnf is giving more than 23% returns from June 2022 lows whereas kotak is still giving only 16% or so returns as of today from the same June 2022 lows. Thus it is lagging in its relative strength and might be a good opportunity if script closes above 1950 with huge volumes then it can certainly tough ATH again.
Happy Trading :)
Disc: Chart posted only for learning purpose.
Happy Trading :)
Disc: Chart posted only for learning purpose.