Kotak Bank on the Daily chart is on the verge of breakout, I am Entering into Long Position in KOTAKBANK future Around 1870 For the Targets of 1990 and Stoploss below 1815 (Time Horizon 15 Days)
Reason To Buy Kotak Bank:
# Stock Today Crosses 200 Days EMA.
# Falling Wedge Pattern Breakout Seen.
# Banking Sector Trading in Strong Momentum.
# Frontline Blue Chip...
Kotak Mahindra bank given breakout on daily charts on horizontal trendline resistance and on Bollinger bands too looking strong.
Cause of Long
1- Breakout on horizontal resistance line
2- Breakout on Bollinger bands too
KOTAKBANK --15 MIN CHART -- INTRADAY SETUP
1. STOCK Trading at upper channel at 15 closing candle seen hammer candle at channel lower support .
2. 200 HULL moving avg support ( blue line ) seen exactly at last hammer candle
3. all this indicators indicate stock will take support at this level and intraday upword move is possible
4. BUY intraday at lower level...
Another stock which is at a beautiful zone for accumulation. Buy at these levels so that you can get an opportunity to double your money in the next 3 years.
Kotak bank has closed just above the support level of 1700-15
On a daily time frame, a doji candle is formed.
Wait for the price action to form a pattern near the levels
Support:- 1700, 1550
Resistance:- 1825, 1960
Kotak bank can become a swing trade if the trend is final.
NSE:KOTAKBANK
Observations:
1) On 1day time frame, since last 3 days it has been trading around 200DMA.
Yesterday, it gave breakout of 200DMA and today it managed to take support from 200DMA and close just above 200DMA.
200DMA is major support at this moment.
If it gives breakdown of 200DMA then it will be bearish again.
100DMA will be immediate...
NSE:KOTAKBANK
Observations:
1) On daily time frame,it closed and sustain above 10DMA
10DMA is placed at 2077.23 level.
Immediate support is 2080 level.
Immediate major support is 2050 level.
Immediate resistance is at 2100.
Major breakout level is at 2125 level.
Please refer below chart : 1 day Time Frame.
2) On 1hr time frame, it has been taking...
*Always Enter With good confirmation & Maintain proper Risk Reward.
**********Educational/information purpose only **********
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A MISSED OPPORTUNITY THAT WOULD HAVE HELPED ME BUY A NEW LAPTOP!
Trade Opportunity Date: 21-10-21
Yet another Missed Opportunity--
Bank Nifty at 39550+
Went long 39400 CE at 242 as it was an expiry day and did not want to make the mistake of trading an ATM CE.
SL hit at 185
Moved to Nifty 18000 CE as I have not traded Bank Nifty after it cleared 39000 and...
Hey Guys,
Get ready for the blast in Kotak Mahindra Bank Ltd for another session on Monday for the Targets of 2240.Buy at 2271 for targets of 2200, 2240.
![KOTAKBANK: Simple Trade Setup | KOTAKBANK | 17-12-2021 [ INTRADAY]](https://s3.tradingview.com/l/LG7OoqvK_mid.png "Simple Trade Setup | KOTAKBANK | 17-12-2021 [ INTRADAY]")
![KOTAKBANK: Simple Trade Setup | KOTAK BANK | 17-11-2021 [ INTRADAY]](https://s3.tradingview.com/h/h2UsmeBu_mid.png "Simple Trade Setup | KOTAK BANK | 17-11-2021 [ INTRADAY]")
