KOTAKBANK
Buy KOTAKBANK above - 1450 TGT - 1500/1550/1600 SL - 1400(DCB)Buy KOTAKBANK
above - 1450
TGT - 1500/1550/1600
SL - 1400(DCB)
Kotakbank BreakoutKotakbank looks good for 1550 1680 levels after breaking out with good volumes.
Long near 1450-1425-1400 Stop loss 1340 on daily basis.
Disclaimer: The investments/trading ideas discussed may not be suitable for all investors/traders. Therefore, you must trust your own analysis and judgment on equity before making investment/trading decisions. The report provided is for informational purpose and analysis can be wrong as well so Do your own study or ask your financial advisors before investing.
Kotakbank Short Term Trading Analysisa. Zone: Strong Bull
b. Resistance 1: 1492.05
c. Resistance 2: 1594.95
d. Support 1: 1406
e. Support 2: 1337.70
NSE:KOTAKBANK
Kotak Bank is Looking good As a Positional TradeIf it will manage to sustain it's Demand Zone @ 1420-1440 then it may test it's next Supply Zone @ 1500-1520 in coming days.
Thank x
Waiting for a breakout or rejection1. An ascending triangle spotted where the prices are at the resistance
2. trade on a breakout or a rejection
**Trade with caution and education**
monster call KOTAKBANK ----- Daily Analysis go long
triangle pattern
long term call
expected profit = 83,200 per lot
KOTAK MAHINDRA BANK POSITIONAL CMP 1404
RESISTANCE 1430-1450
CLOSING ABOVE 1450
BUYING LEVEL AT DIPS
TGT 1565-1600-1700
BREAK OUT 1405 CAN GIVE 1430
WAIT N WATCH :KOTAK UNDER TWO RESISTANCE(Treandline, horizontal)Kotak bank has been consolidating for months, in previous session it gave a good movement along with other banking sector. If breaks1430 new high can be seen in few sessions
Upcoming opportunityWait for breakout, even bank nifty looking bullish and going to break strong support foe bull run.
Kotak Mahindra, 1D, Ascending Triangle, Bullish above Rs. 1,400As is evident from a perusal of the Chart, the area of Rs. 1,380 to Rs. 1,420 shall prove to be a supply zone for Kotak Mahindra Bank. However, if this zone is breached, and the 200EMA surpassed, then the Stock shall witness significant buying interest.
The ascending triangle being formed is further pointing towards bullish sentiment on the Stock.
BULLISH HARAMI (KOTAK BANK)The first two red candles indicate a two-day downward, and the green candle represents a slightly upward trend on the third day, which is completely contained by the body of the previous candle.
KOTAK BANK - POSITIONAL GAP TRADING POSITION It can cover the gap today itself if bank nifty goes up.
Kotak Bank Triangle Chart Pattern !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
June Series Option can be tried.
Wait for entry setup, if available then Long/short.
Reward is 8-10 Times
10 Aug to 14 Aug 2020 - Watch Banks that are NR7 candidateThis is the chart of BANKNIFTY nearing a resistance zone. If BANKNIFTY goes above resistance of 21950 , a major move to the next resistance can be kept as target at 23150 .
Another important point to be noted is a lot of bank stocks are NR7 candidate indicating a power move in the next trading day.
Keep Bank Stocks in your Watchlist for Monday 10 Aug 2020.
So as always,
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
KOTAKBANK [ POSITIONAL ] BULLISH setupKOTAKBANK - 4 hours chart
positional trade.... LONG
BULLISH Setup
