Wednesday, May 16, 2012

KOTAKBANK-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook,Hot Stocks/Picks


KOTAKBANK Closes  at  `553.60  with a Gain  Of +1.60% on 16 May 2012 with formation of  a Long White Candle on Daily  Price Chart .Technically, KOTAKBANK  is looking Good  on Charts. It is Now Trading Above its 200DMA. Major Momentum Indicators are also Bullish. MACD is Moving Up along With RSI.
We Recommend to BUY:  KOTAKBANK at CMP                   
Target : `586/640
Stop: Loss :`532.00
Time Frame: 5-30 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 begin_of_the_skype_highlighting            +91 80171 98633      end_of_the_skype_highlighting Or SMS at +91 880 2230 836/ 8927670565.

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