Kotak Bank nears breakout after strong Q1, bullish setup
Kotak Mahindra Bank Ltd rose 3% after Q1 FY26 updates showed 14% YoY growth in deposits and advances. Analyst Vijay Gupta sees bullish momentum, with the RSI at 61, a positive MACD, and a volume uptick. Resistance at ₹2,260 is key for breakout; support lies at ₹2,150-2,175. Strong fundamentals, tech focus, and cost control aid medium-term upside.