Market Expert Recommends HDFC, IndusInd, Kotak Mahindra Bank From Private Banking Space

Market Expert Recommends HDFC, IndusInd, Kotak Mahindra Bank From Private Banking Space

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Sakshi Batra
  • Updated Sep 20, 2024 2:14 PM IST

In this video, Kiran Jani, Head of Technical Research at Jainam Broking, shares his views on long-term private banking stocks. He highlights ICICI Bank as one of the top performers in the private banking sector, noting a breakout even at current market prices. However, he advises against fresh entries into the stock at this point. For HDFC Bank, Kiran Jani believes the stock is approaching gap resistance and expects a new rally, with a target price of ₹1,750-1,760. He is also bullish on IndusInd Bank, which is showing strong momentum and favourable chart patterns, making it a good long-term buy. Lastly, Kiran Jani discusses Kotak Mahindra Bank, expecting a fresh breakout with a rally ahead, recommending a stop loss below ₹1,800 and a target price of ₹2,000. Watch this video for in-depth analysis and expert tips!

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