NSE, FUTURE, OPTIONS, BSE, MCX, CURRENCY
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One Target One SLRecommendations
Kotak Mahindra Bank Limited is one of the leading private bank of India. NSE Code of Kotak Mahindra Bank is KOTAKBANK. BSE Code for Kotak Mahindra Bank is 500247. Face value of Kotak Mahindra Bank is Rs. 5. Kotak Mahindra Bank is available for Future and Options trading. Lot size for Kotak Mahindra Bank Future is 400. (Time to time lot size changed by exchange, so please check it once before taking any action).
25 April 2020 : Kotak Mahindra Bank closed at 1239.55. If we check its last 8 to 10 days chart then we can see stock facing resistance at 1270-1275 zone and same in downside stock getting support around 1100 zone. So as per chart for it is good to buy above 1280-1290 with stop loss of 1220 for target price of 1350-1360. Same if you are short seller then short this stock below 1220 with stop loss 1270 for target 1160 to 1140 level. Before making any type of position, one should be clear for market direction. If market in uptrend and you are making short position then may possible you will have to book big loss. So make position only if you can read market properly. I am recommendating any fresh buy or sell in this stock at current level.
