KOTAK BANK VIEW FOR THE DAY

SHOWING STRENGTH IN WEAK MARKET AND CURRENTLY TRADING ABOVE 20,50,100 AND 200 DEMA IN THIS KIND OF MARKET. MACD 12,26 IS GIVING BUY SIGNAL, WHICH IS POSITIVE SIGN FOR THE STOCK. ITS MAJOR SUPPORT AT 1954, LOOKS GOOD FOR 1990 AND 2000.