Begin bottom fishing on Kotak Bank by initiating with a small quantity and gradually pyramiding as you progress. Disclosure : I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this suggestions. Consult your financial advisor before taking any decisions
📊 Script: KOTAKBANK 📊 Nifty50 Stock: YES 📊 Sector: Banks 📊 Industry: Banks - Private Sector Key highlights: 💡⚡ 📈 Script is giving Breakdown of consolidation on Monthly chart, we may see some more bearishness into the stock. ⏱️ C.M.P 📑💰- 1551 🟢 Target 🎯🏆 - 1479 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new...
NSE:KOTAKBANK shares have tumbled after RBI banned the private lender from taking on new clients digitally, due to IT-related deficiencies, raising concerns about the potential impact on the lender that relies heavily on online banking. The current levels may act as a support but this firm stance by RBI is in line with the recent past actions on various other...
BankNifty Analysis - Stance Neutral ➡️ BankNifty also had a neutral day today, but the OTM options premium was so weak that I did not play expiry at all today. I frankly do not remember the last time I missed playing BN expiry day. The regular algos, which has the same logic for banknifty every day ran as usual and that is the only trade I did on BN today. NiftyIT...
Details: Asset: Kotak Mahindra Bank (KOTAKBANK) Pattern: Flag consolidation Consolidation Range: From February 2021 at 1600 to 2050 Breakout Level: Above 2150 Potential Targets: Projection based on the height of the flagpole or next significant resistance levels Stop Loss: Below breakout level or as per risk tolerance Timeframe: Medium to long-term Rationale:...
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...
NSE: KOTAKBANK is closing with a bullish momentum candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed...
Low Risk High reward bet - KOTAK BANK seems a no BRAINER at CMP. Investment buying can be done for some great upside potential in future.
BankNifty Analysis - Stance Bullish ⬆️ Yesterday we discussed the possibility of HDFC Bank making a move and quite fortunately that came true today. We rallied an impressive 769pts ~ 1.66% today to take out the first resistance (bearish trendline break). Would you believe the elephant jumped 2.63% today along with AXIS Bank 2.41%, Kotak Bank 1.8%. ICICI Bank &...
This stock in 30 and 15 min timeframe create a double Top Pattern. Strong resistance at : 1918.55 Support at:1878 2nd January if price will be open above 1900 wait for break 1890 and make a short position based on your analysis. Max volume at 1918-1920 If price will be open below 1900 then make your entry on short side or wait for create an any bearish...
BankNifty Analysis - Stance Neutral ➡️ BankNifty also gets a stance upgrade - from bearish to neutral. The price action was not as beautiful as Nifty50 today. One reason would be the outlier performance by Reliance today +7%, whereas the main weightlifters for BankNifty were HDFCBK 1.38%, Kotak +3.08%, ICICBank 0.64%. 4mts chart The support/resistance of 45399...
BankNifty Analysis - Stance Bearish ⬇️ The unusualness of the last 30mts was more obvious in the Banks - HDFC, ICICI, AXIS and Kotak. Seems a news/event is brewing and we may get some clarity in the coming days. The good thing is that it broke out pretty late in the day, which meant the expiry was not totally screwed. 4mts chart How many Analysts you know are...
BankNifty Analysis - Stance Bearish ⬇️ For some or the other reason, the 4mts & 63mts charts are not visible on TradingView. It may be due to this unscheduled working day and they might be facing issues with data feeds from vendors. We had a bearish view yesterday also and despite BN ending the day today with 357pts ~ 0.78% we are still maintaining the bearish...
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: “The last 3 candles almost gave away the clue that bearishness was ending. We would still like to see how Nifty will open tomorrow. Ideally, it should open above 21698 i.e. within the channel to cement the idea that Bears are thrown out of control.” 4mts chart Open was right at the trendline and it acted...
📊 DETAILS Sector: Bank - Private Mkt Cap: 369,780 cr 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. ...
BankNifty Weekly Analysis Between the last expiry and today, BankNifty has fallen 1274 points ~ -2.69%. It may not look so dangerous, but keep in mind we had a swing range of 2328pts ~ 4.82% between the high to the low of the week. Of these 2328pts, 2060pts ~ 88.4% came just today. 16mts chart BankNifty Analysis - Stance Bearish ⬇️ We opened 1423pts ~ -2.96%...
Stock is under formation of a symmetrical triangle pattern. Stock is holding above it's 200 EMA on the weekly chart. A sustained closed above 2060 will be considered as a confirmed breakout of the pattern which shall take the prices towards 2800 zone in the coming months.
Side base range from 1839-1866. For swing trader don't enter here wait for 1878 range breakout. then we have a good target of 1900. Resistance: 1900 Nothing mush interesting this chart.