🏦 KOTAKBANK Technical Analysis (Daily Chart) – June 4, 2025
Current Price: ₹2,057.40
Change: +₹12.90 (+0.63%)
🔍 Chart Breakdown:
Trendline Breakdown: Price has decisively broken below the ascending trendline, indicating weakness in bullish momentum.
Bearish Structure: Lower highs and lower lows are forming — a classic sign of a downtrend resumption.
Downside Target Zone:
Primary Demand Zone: ₹1,840 – ₹1,880
🧭 Potential Scenarios:
If current bearish pressure continues, price may slide toward the highlighted demand zone.
A strong bullish rejection from the support zone could present a short-term reversal opportunity.
Current Price: ₹2,057.40
Change: +₹12.90 (+0.63%)
🔍 Chart Breakdown:
Trendline Breakdown: Price has decisively broken below the ascending trendline, indicating weakness in bullish momentum.
Bearish Structure: Lower highs and lower lows are forming — a classic sign of a downtrend resumption.
Downside Target Zone:
Primary Demand Zone: ₹1,840 – ₹1,880
🧭 Potential Scenarios:
If current bearish pressure continues, price may slide toward the highlighted demand zone.
A strong bullish rejection from the support zone could present a short-term reversal opportunity.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.