KOTAKBANK

Trading At Crucial Level

price action shows that after a strong rally till mid-2025 above 2,300, the stock entered a correction phase and is now consolidating around the 2,000–2,050 zone. The 2,060 level is acting as a key resistance, which was earlier a strong support zone that got broken. Currently, the stock is attempting to bounce from the 1,950–2,000 support area but faces overhead supply near 2,060. A decisive close above 2,060 could trigger momentum towards 2,150–2,200, while failure to cross may keep the stock range-bound or push it back to retest 1,950.