The thing with taking a counter trend trade is, there is a very high chance of trade failing, but if it works, risk reward can be really good
-Kotak bank is in a slump since long time, but it is trying to form a bottom in my opinion
for building positions, i recommend taking 50% entry above 1783, and 50% above 1789, keeping a sl below 1754
do not risk more than 1% of your account in this trade.