Daily Analysis on

KOTAKBANK

Technical Analysis (Daily Chart View) CMP: ₹1986.60 The stock recently failed to sustain above the ₹2015–₹2035 resistance zone and closed lower, forming a strong red candle. Indicators: Parabolic SAR: Above price → Indicates bearish pressure. Moving Averages: Price is trading below 20-DMA & 50-DMA, but near 100-DMA support. Long-term 200-DMA remains intact. MACD: Negative crossover, momentum weakening. RSI (14): 41 → Approaching oversold zone. Support Zones: ₹1960 – ₹1935 (immediate), strong support at ₹1900. Resistance Zones: ₹2015 – ₹2060. Overall, short-term trend looks weak, but long-term structure remains stable above ₹1900. Upcoming Events & Impact Q2 FY26 Results (Oct 2025) → Key trigger; Street will watch NIMs & credit growth. RBI Policy Meetings (Sep & Dec 2025) → Any stance on rates will directly impact cost of funds. Union Budget 2026 → Infra/housing policies could support retail & corporate loan demand. Future Outlook Short-term (1–2 months): Weakness likely to persist; possible dip towards ₹1935–₹1900. Medium-term (6–12 months): Consolidation above ₹1900 can push stock back to ₹2100–₹2200. Long-term (2–3 years): Structural growth story intact; leadership in retail + digital shift may take stock beyond ₹2500.