Kotak Mahindra Bank | Vodafone Idea FPO | News Updates | CA Rachana Ranade

"RBI had asked the bank to take certain corrective action plans okay so 22 23 two years where RBI found that there are certain deficiencies they told kotak Mahindra bank that yes there are certain corrective action plans that you must take but again what happened Bank was found to be significantly non- compliant with the corrective action plans also in in the subsequent assessments that were done by RBI"

"December 2020 was the month in which RBI had instructed HDFC Bank to Halt some operations something like again onboarding new clients and credit cards is that okay we are not going into details of that that was December 2020 okay in August 2021 RBI had partially lifted the ban on on HDFC bank and they permitted them to resume issuing of new credit cards okay so understand December 2020 when they put a ban August 2021 when they partially lifted the ban and somewhere around March 2022 they had allowed HDFC to you know go back to normal C okay"

"IDE is expected to roll out 5G in 6 to 9 months after FP"

"idea SG question mark So for that if I were to compare some people say I'll compare idea and Baba their size itself is very different if you see a market cap for vone idea is 69,7 crores 69,000 crores okay for aale it is 7 lakh 93687 crores"

"arell c fundamentals is way better than Vodafone ideas fundamentals"

"since 2019 same range from what 6 rupees it'll go to somewhere 12 18 rupees again same now from 6 Rupees to what to 12 rupees again back to 4 rupees something again up to 15 rupees again back to 6 rupees again up to what 1780 rupees and right now it is somewhere around 13 rupees Baba and in the same time frame exactly the so we will take I mean even if you see here in from 19 to 25 in in five years it it has been in exactly the same range"

"and if I were to compare this with AEL five years data have look this is 2019 from here from 2019 to here such a huge jump"

"yes very good let me share my screen fantastic so if you see here this was a gap so this is this is where it should close about this tomorrow because tomorrow is the weekly close cling ultimately it should close above this so there could be one more hurdle here okay this is like the alltime high for the stock in that case and after that it can be much more fun"

"You can either say cup and handle or you can also say it's like an inverted Head and Shoulder my God so many drawings on sale already from my side like a cup and handle like an inverted Head and Shoulder on a monthly chart this chart is actually really interesting you know um if I were to remove this drawing and also this see this completely in a downward Trend it has actually broken above that so very interesting chart sale"

"it's something like this goes High forms a base again going high so see it's something like this goes High forms a base again going high again forms a base again goes High kind of a base and again it's going high so it's going"

"this has been the fall uh and I I've Ted talked about this many times uh but just for a quick revision high low high I would say this low high low another high low so this is the immediate previous high I would want this stock to close above 116 and then I would say that okay immediate previous High has been taken out then I'll be more interested in the stock"

"here if you see it can be treated like an up flag also this could be like a pole and this is like the flag and breakout it can be seen as an up flag volumes are also great very good volumes CDs looks interesting"

"yes but the breakout is not yet visible not a clear breakout for ircc"

"looks good on the charts wow it does look good on the charts but I not to be honest I not checked this fundamentally"