Chart of the Week (29/05/2021)Kotak Mahindra Bank is in a golden accumulation zone of Rs.1700-Rs.1800; one can buy this stock for positional targets of Rs.2000, the long position will become invalid only below Rs.1700
KOTAKBANK
Kotakbank - Triangle break expectedPRice resisting from the same range for a couple of times and meanwhile it forms a triangle pattern, now it is all set to break.
KOTAKBANKAs the price has broken and retests the level of 1710.00 there are chances of price continuing upside but wait till price to close 1835 because we can multiple wick rejection at that level so the price may pull back from 1835. And take entry with you confirmation
Happy Trading
Confluence and Confirmation in Kotak BankTriangle pattern breakout near confluence area. Can zoom till 1990 levels!
Kotak on the verge of breakout!!Both ATR and Charts are suggesting a good move. My bet is on the long side of the trade..what's yours?
KOTAKBANK | Support + 200EMA confluence | Trading in range25/5/21 (BUY ON DIP)
- Took support from 200 EMA (watch closely)
- VOL flat (shows range has formed)
- In the range, VOL is more in the up-move (slight advantage)
- Wait for decisive close above 1820
- Sell below 1680 on closing basis
- RSI inside triangle
- CAN SPEND SOME MORE TIME IN RANGE (buy on lower level suggested)
*Will again post chart when break accours
Kotak Mahindra Bank swing trade Kotak bank swing trade with high risk-return ratio, fundamentals of Kotak bank are also very good and I am bullish on bank nifty if the bank nifty has to perform then Kotak will play a major role in accomplishing the same.
I have applied simple price-action, also ema200 is giving good support. Open to suggestions.
KOTAKBANK Levels for 24-MAY-21(Intraday) Buy above 1770 for 7,15,30+++
Sell below 1750 for 7,15,30+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
"KOTAK MAHINDRA BANK "hi guys its best chart pattern to buy and sell. in the chart pattern we can see descending triangle ,double top bottom and down swing . after the rejection u can buy or sell it
KOTAK BANK : BASE IN DAILYNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Kotak Mahindra Bank | Positional Setup Kotak bank it is :) if such good banks are giving u such great patterns, never judge them or speculate anything, trade with proper risk and take the trade for once :)
Happy trading :)
Kotak Mahindra Bank Looking positively bullish!!Possible break in the trend line as shown in the Chart
Its been beautifully respecting the trend for months. It tried to break the 200 ma couple of times. Now there is a Long Green candle trying to break 200 ma and near the trendline. Watch out for a breakout in the coming days
Disclaimer: Education purpose only. Not a stock recommendation
Intraday levels - May 241. Bigger time frame try to break triangle pattern
2. 3 Top - Retest - Boom
3. Price action
KOTAKBANK Share For Long Term InvestmentKotak Bank is the Good Share for the long term Perspective, 6 month to 1 year.
don't Buy For the Short Term
