Kotak bank on bullish modeStock of Kotak bank is on bullish mode & long entry can be taken above the level of 1395 after the TL broken as marked in the chart for the next target price of 1420-1430 with the SL of 1373. If banknifty supported well then we can see the target price of 1450 very soon in the stock. So add the stock in your watch list for further price action movement.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask
KOTAKBANK
Kotak Bank trade setup for Tuesday 28th July 2020Kotak bank formed a bearish engulfing candle in daily time frame but it is on the trend line support area. We will buy if found any strong bullish candle in this area in 30 minutes or 1 hour time frame.
Note: All charts are educational purposes only. Please do your analysis before going into trade.
Sell KotakbankI hope you can now see how the KotakBank represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Kotak - Rising channel trend, Initiate longs!Kotak is in a rising channel and is trading above the 21 EMA, indicating strong bullish momentum! Also, has witnessed a golden crossover on the hourly chart! Longs can be initiated with a SL of 1310 on closing basis, for target of 1380 - 1400 in the next few trading sessions !
Kotak Bank a good buy optionHi Friends,
Kotak bank is currently trading at 1322. There is a clear formation of symmetrical triangle pattern .
Today there was a bullish engulfing pattern formation as described in picture.
Keep the stop loss at 1221 .
The risk reward ratio, loss percentage and target percentage have been given in picture.
**views are my own**please take risk as per your risk taking ability**
NIFTYBANK LOOKING BEARISH FOR NEXT WEEKNIFTY BANK LOOKING BEARISH WITH BREAKING PARALLEL CHANNEL ON DOWNSIDE AND GOING FOR THE DOWNSIDE RANGE OF 20900-20500 RANGE
NIFTY BANK LOOKS DOWNSIDE
SHORT TERM VIEW FOR TGT - 20950-20590
LOOKING PARALLEL CHANNEL BREAKDOWN
STOP TO BE PLACED CROSSING ABOVE THE PARALLEL CHANNEL BREAK LEVELS 21900
HDFCBANK KEY LEVELS SUPPORT AND RESISTANCE 29/06/2020 MONDAYKey Levels for HDFCBANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1066.55
FIRST TARGET~1079.05
INTERIM RESISTANCE~1093.95
FINAL RESISTANCE~1111.40
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LOWER BREAKOUT~1049.05
FIRST TARGET~1038.50
INTERIM SUPPORT~1027.25
FINAL SUPPORT~1014.65
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 29/06/2020 MONDAYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~21803
FIRST TARGET~21968
INTERIM RESISTANCE~22171
FINAL RESISTANCE~22423
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LOWER BREAKOUT~21495
FIRST TARGET~21336
INTERIM SUPPORT~21171
FINAL SUPPORT~20836
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
HDFC BANK KEY LEVELS SUPPORT AND RESISTANCE 23/06/2020 TUESDAYKey Levels for HDFC BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1033.90
FIRST TARGET~1041.95
INTERIM RESISTANCE~1049.10
FINAL RESISTANCE~1061
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LOWER BREAKOUT~1023.90
FIRST TARGET~1015.95
INTERIM SUPPORT~1008.75
FINAL SUPPORT~998.35
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 23/06/2020 TUESDAYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~21806
FIRST TARGET~21937
INTERIM RESISTANCE~22093
FINAL RESISTANCE~22276
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LOWER BREAKOUT~21675
FIRST TARGET~21548
INTERIM SUPPORT~21363
FINAL SUPPORT~21196
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.