As we can see in the daily chart of KOTAKBANK, wave C of Flat Correction has reached 100% extension (which fulfills the rule of equality). The previous impulse also has a 50% retracement level around the same point, giving us a perfect cluster. Now, can we directly buy around this level? The answer is simple. Suppose the recent low,1735, is broken, and the stock...
BankNifty Stance Neutral ➡️ In last week's report, I did mention that we would be forced to exit the bearish position if we get a close above 51713. The fact is that we went above these levels by 15th October itself i.e. day 2 of this week. On Thursday, we melted and then on Friday, we saw the short covering that propelled us to close at 52138. The short covering...
Stock stuck between strong supply n demand zone now 1910-20 will act as current n strong resistance area 1870-80 will act as a strong support area as of now Stock may remain in the zone for the time being before braking out Excellent opportunity for straddle players at the moment as even time n premiums are in favour break above 1930 or below 1960 will negate the trade
Breakout from falling channel pattern. Looks good for 2230 . SL:- 1700. R:R:- 1:1
KOTAKBANK - Cup and Handle - Breakout -Daily This chart represents the stock price movement of **Kotak Mahindra Bank Ltd** on the NSE, plotted on a daily timeframe. ### Key Observations: 1. **Cup and Handle Pattern:** - The chart outlines a **Cup and Handle** pattern, which is a bullish continuation pattern. The "cup" is the rounded bottom formation followed...
Traders should keep a close watch on Kotak Mahindra Bank, as it has formed a bullish flag pattern on the weekly chart, signaling potential for a significant breakout. The key levels to monitor are around 1860-1870, where a breakout could trigger strong upward momentum. The longer the consolidation within the flag, the more powerful the breakout may be, offering an...
Name - KOTAKBANK Pattern - Symmetrical triangle Breakout Timeframe - Daily Volume - Avg volume Cmp - 1827 Target - 1963 SL - 1757 Closing abv 1870 will Cup and Handle formation Always welcome for any comments with your feedback or give it a like if you find it useful.
Key Highlights : 🔰 🔷 Script Name : KOTAK MAHINDRA BANK 🔷 Script Symbol : NSE:KOTAKBANK 🔶 Demand Zone : 🔥 🔶 Support Level : Corona Time AVWAP🔥 🔶 Holding Time : 9 - 12 Months 💚 👉🏻 Rule No.1 : When You Get 100% , Exit 50% !! 👉🏻 Rule No.2 : Always Remember Rule No. #1 👉🏻 Rule No.3 : Always Do Basket Of 9 - 10 Stocks, Never Buy Solo Stock. 😊 Disclaimer :...
On a monthly chart, #KOTAKBANK is creating Lower Highs and price is unable to break the trendline. However, a good volume is building up and price is consolidating, creating an inside bar setup. 50 SMA once broken but reclaimed back, chances are it should move up, but if it doesn't be ready to go back to 1545 levels. From current price levels, there is room to...
"Welcome to SkyTradingZone " Hello Everyone 👋 Kotak Mahindra Bank (KOTAKBANK) on the 30-minute timeframe: Support Levels: First Support: 1,750 Second Support: 1,730 Third Support: 1,710 Resistance Levels: First Resistance: 1,780 Second Resistance: 1,800 Third Resistance: 1,820
We look at three things in BankNifty: 1. Whether to go Long or Short, & why 2. Timeline of the trade. 3. Components of BankNifty & their analysis.
Hello Everyone 👋 Here are the current support and resistance levels for NIFTY BANK: Daily Support: ₹50,161.48 Daily Resistance: ₹50,958.83 Additionally, short-term levels are as follows: Short-Term Support: ₹50,227.7 Short-Term Resistance: ₹50,898.32
#nifty #Banknifty Important points are marked. Bank nifty on Bearish side. All targets achieved ****Video is for education purpose*** ****Investing in stock market is subject to market risk do own research before investing****
#banknifty #nifty #option #trend Important points are marked. Bank nifty on Bearish side. All targets achieved ****Video is for education purpose*** ****Investing in stock market is subject to market risk do own research before investing****
#banknifty #nifty50 #markettrend #option Important points are marked. Bank nifty on Bearish side. All targets achieved ****Video is for education purpose*** ****Investing in stock market is subject to market risk do own research before investing****
Important points are marked. Bank nifty on Bearish side. All targets achieved *****Video is for education purpose**** *****Investing in stock market is subject to market risk do own research before investing*****
Previous resistance turns current support Area of support 745-765 zone Possible to hold and/or bounce from this area Weal below 1700 only
Symbol - KOTAKBANK CMP - 1755 Kotak Mahindra Bank is a diversified financial services group providing a wide range of banking and financial services including Retail Banking, Treasury and Corporate Banking, Investment Banking, Stock Broking, Vehicle Finance, Advisory services, Asset Management, Life Insurance and General Insurance. This is one among India's top...