KOTAKBANK
Kotak Bank | Flag & Head and Shoulder Pattern 🎯⭕ Swing Trading opportunity ! 2hrs Chart Alert !!!⭕
--Buy Above = 1872.85 or CMP
--Target = 1898 | 1941 | 1970
--Stop-loss = 1847
--R:R =3.8
--Lot size = 400
--Expected Profit =30,000 (5% )
--Expected Holding = 15 days only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Downward Trendline Breakout & retested
2) Flag Pattern can be seen Clearly
3) Head & Shoulder Pattern formation as well
4) volume is OK
5) Targets is based on the S&R zones as shown in the charts
👇👇HEAD & SHOULDER PATTERN 👇👇
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
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✍COMMENT Below your view !
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.
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 !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
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.