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Kotak Mahindra has target of Rs 800: Gujral

This article was posted on Jun 11, 2009 and is filed under Stock Views

Technical Analyst, Ashwani Gujral is of the view that Kotak Mahindra Bank has next target of Rs 800.

Gujral told CNBC-TV18, “Kotak Mahindra Bank gave a sort of a breakout and the next target here could be around Rs 800. But a lot of these banks are breaking out and then losing steam – things like Reliance Capital or ICICI Bank; they start with a flourish but by the end of the day, they kind of peter out.”

source: Moneycontrol

Tags: ashwani gujral, buy or sell bank stocks, buy rating, kotak mahindra, kotak mahindra buy, Technical calls

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