Kotak bank broken a crucial support Kotak bank has broken a strong support level and 50 EMA in daily chart on yesterdays trading session right after it's earnings were announced. It has already broken it's trendline a few days ago. There's no major support level nearby. Plan your trades acccordingly. Happy trading.
KOTAKBANK
Stock can head higher from these levels before results.NSE:KOTAKBANK
The stock has been correcting for the last couple of weeks even when the banking index was performing now finally the stock seems to have found some kind of bottom around 1840 levels and has done that along with RSI divergence which makes this move more reliable.
As long as the stock hold 1860 levels it can head towards 1911/1925/1955
Ideas shared are for educational purpose only.
KOTAKBANK | Trendline breakdown 🎯⭕ Trading opportunity ! Chart Alert !!! ⭕
--Sell Below =1928 or CMP
--Target = 1808 | 1726
--Stop-loss = 1975
--Lot Size = 400
--R:R = 4.34
--Expected Profit = 80 k + ₹ per lot (10.49 % )
--Expected Holding = 1 months only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Trendline breakdown with volume
2) 50 ema is also broken
3) reistance breakdown with volume
4) RSI divergence is a another confirmation
Guys check out the related ideas as well, it will work really well GUARANTEED !
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KOTAKBANKLONG POSITION ALLY KOTAK BANK
BETWEEN 1850-1855 WITH SL 1815
TARGET 1= 1920
TARGET 2 = 1950
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
KOTAK BANK ADVANCED FIBBO LEVELS , TRADE WITH CONFIRMATION NSE:KOTAKBANK
TRADE AFTER CONFIRMATION FROM MACD , RSI , MOMENTUM , STOCHASTIC RSI + HEIKEN ASHI USE 1 HR CHART (FOR SWING)
AND WITH SUPERTREND , VWAP STOCHASTIC + HEIKENASHI (INTRADAY) USE 15 MIN AND 5 MIN CHART
100 % TRUSTABLE LEVEL , THESE LEVELS ARE ONLY FOR EDUCATION PURPOSE TRADE AT YOUR OWN RISK
ABHINAV
KOTAKBANK Overview in Daily ChartsA channel is observed, the stock is trailing near the support region of the channel, and a reversal is expected in BANKNIFTY shows a positive trend in the coming days. If the price falls below 1950, we may expect a breakdown from the channel and further downside can be expected provided BANKNIFTY shows a negative trend to support the downtrend.
Overall, I feel bullish about this stock for the coming days.
KOTAK BANK : BUY/SELL algo demonstration HOW TO FOLLOW ALGO SIGNAL:
Deciding buy/sell
1.Strictly use only on 1 hour time frame.
2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity.
Taking a position:
3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open short position. A green arrow below the bar pointing upward means open buy position.
4.NOTE: Only after the the signalling of X , look for arrow. Do not buy/sell if you see any arrow before the signal of X.
5.STOP LOSS should be the most recent swing high/low or most recent STRONG CANDLE’S high/low.
While maintaining the position :
6.The small triangles after the each bar completion tells you to hold the position. The red triangles appearing upside on the bar tells you to hold the short position, whereas the green triangles appearing below the bars tells you to hold the long position.
Exiting the position:
7.After you create a buy position , if you see a green arrow above any bar pointing downward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter.
8.Similarly, after you create a sell position , if you see a red arrow below any bar pointing upward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter.
9.While being in position if you see any X signal which is opposite of your trade , then leave your position immediately.
10.When you see a big red circle dot then you must exit all your short positions. Contrary , when you see a big green circle dot , you must exit all your long positions. And then wait for a X-signal.
No Trading Zone:
11.When you get frequent X-signals in green-red-green-red & that too very close, then its means that stock is going to form a range. One should wait for the range break & move away to another stock. (THIS IS WHERE YOU WILL REQUIRE A PRACTICE TO IDENTIFY THE RANGE)
KOTAK BANK | Doji Pattern with Really High Volume 🎯NSE:KOTAKBANK
Swing trading opportunity ...4hrs chart alert !!!
👉👉WAIT FOR RETRACEMENT OR TRADE ACTIVE RECOMMENDATION👈👈
--Sell below =1850
--Target = 1740
--Stop-loss = 1915
--Lot Size = 400
--R:R = 1.68
--Expected Profit = 43,600 ₹ per lot ( 6 % )
Technical Reasons to trade :- 🧢
1) Kotak bank has breakdown the support area .
2) Volume is ULTRA high in DOJI candlestick pattern.
3) trendline is already broken as well as support zone .
4) All the possible support & resistance is mentioned on the chart.
Guys check out the related ideas as well, it will worked really well !
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👍LIKE if think is useful !
✍COMMENT Below your view !