Kotak Mahindra bank

Kotak Mahindra Bank is showing a range breakout setup, where the stock has been consolidating broadly in the ₹380–₹400 zone while forming higher lows. In the chart, price is now attempting to break above the descending trendline near ₹402–₹405, indicating improving bullish momentum; a sustained close above this zone can confirm the breakout and potentially open the way toward ₹410–₹420 levels. The breakout should ideally be supported by strong volume, while ₹395–₹400 can act as an immediate support zone on any retest.