KOTAKBANK Long Idea.....

KOTAKBANK chart shows its near support zone. need to see what price does near supoort.

Will enter on confirmation of Breaking weekly resistance.

Fundamentals:
Pro's: SALES & PAT growth CAGR is positive these 3 years where price is in zone. Not an Overvalued stock.
Con's: PE derating might have happened due to drop in sales growth. this may continue till its growth kicks in coming quarters.