Kotak Mahindra Bank Limited
Long
Updated

KOTAK BANK: Time for 4-year range break?

406
⚡️Price Analysis:
1️⃣ Price structure shifting from sideways to bullish
2️⃣ Classic Textbook breakout with strong bullish candle.
3️⃣ Price needs to sustain above 2000 for major bull rally to initiate.


✨ Key Observations:
➡️ Expecting some good momentum buildup else there is a risk of a false BO as well.
➡️ All timeframes aligned for potential upside move
➡️ Perfect RRR setup forming at these levels

⌛MTF:

snapshot

⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️

💬 What are your thoughts on this share it in the comments below. ✌️

🔥 Happy Trading!✅🚀


Trade active
Need a strong candle closing above 2000 for rally to begin else it will be a liquidity grab.

snapshot
Note
snapshot

Let's Go! 🚀🔥🔥
Trade closed: target reached
snapshot

Boom!
Note
snapshot

On Weekly & Monthly, the candle strength is excellent, it will continue to move higher...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.