KOTAK BANK BULLISH MOMENTUMKOTAK BANK APPROACHING TARGET
target 1 - 1900
target 2 - 1937
SL 1844
Because of kotak bank & sbin bank nifty is strong.
KOTAKBANK
banking index important levelsthe banking index looks set to show further higher zones
with ups and downs
dont feel it is difficult for it to kiss 50 k mark in months to come
Kotak Bank Swing Trade SetupKotak Bank is currently approaching a crucial support zone on the daily timeframe chart. This presents a potentially good opportunity for a swing trade.
Entry:
For entry, it is recommended to go long on the open of the next candle.
Stoploss:
To minimize risk, a stop loss should be placed below the support zone, with some buffer to avoid stop loss hunting.
Target:
As for the target, it is advised to aim for the next resistance level as indicated on the chart.
Thank you for considering this analysis, and feel free to follow for more insights.
KotakBank - FUTUREThe stock is trapped in a range and is on it's support level as of now.
We can expect and upside of around 7%.
Target - 1978-1988
SL - 1815
Kotak Bank Rounding Top PatternKotak Bank making rounding Top pattern & gap also have to be filled Trade with stoploss thanks
KOTAK BANK TO HIT 2000 ZONE target complete, might reverseNSE:KOTAKBANK has finally reached the major sell zone in 2000 zone area, may start reversal if breaks support zone,
above 2077 can try to touch 2100 area again if sustains above it.
Shooting Star A shooting star occurs after an advance and indicates the price could start falling.
The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open.
Traders typically wait to see what the next candle (period) does following a shooting star . If the price declines during the next period they may sell or short.
If the price rises after a shooting star , the formation may have been a false signal or the candle is marking a potential resistance area around the price range of the candle.
Script = Kotak Bank
Time Frame = 1 Day
KOTAKBANKKOTAKBANK:- Stock has given breakout almost after 1 year, if it sustains above 1979.70 level then we can plan something
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
KOTAK BANK TO HIT 2000 ZONE COMING IN WEEKS?NSE:KOTAKBANK KOTAK BANK is standing near weekly selling zone, if breaks the current fresh supportzone, we might see some correction till previous resistance of 1765,
if current selling zone is breached, then kotak can be held till maximum target as it keep breaking and retesting next selling zones for upmove.
respect the zones and always enter at retest if zone is breached. stoploss should be the lowest level of the zone marked.
kotakbank correction then rocket upmove. NSE:KOTAKBANK can go down in correction move for almost 2% and then can make upmove like rocket wait and watch to break the above trendline.
KOTAK bank chart studyKOtak bank spot cmp 1960
Elliot wave
60mins time frame
counter is on verge to complete impulse phase and once trend line breakdown is confirmed with bearish candle, corrective phase might unfold.
Another scenario is that one more high around 1990-2000 levels is possible and after that fall might start,
Bearish divergence on RSI and MACD indicator , with respect to price.
Counter have given good run up from 1650 levels to 1974
now time to retrace, can give retracement of 38 to 50% of last swing.
Keep watch,
KOTAKBANK bullish flag 9th may 2023KOTAKBANK forming a bullish flag pattern. If it breaks 1972 and target 2022 with SL of 1954. Risk to reward is 1: 2
go long tomorrow for 500 points in bank nifty technical analysis of banknifty maybe market will go up bcz previous candle of history is red by 1000 points its recovering 500 point each day thats my logic
KOTAK BANK TO HIT 1850 RANGE IN COMING MONTHSNSE:KOTAKBANK kotakbank seems very bullish on major timeframe and can blast in coming weeks upside once it gives closing /stables above current resistance og 1761/1765 on daily timeframe.
current support zone are 1753/1750 and 1743/1738.
if we breach 1738 downside then we will have to wait and see plan the next plan of action accordingly.
KOTAK MAHINDRA BANK intraday levels setupNSE:KOTAKBANK KOTAK BANK is bearish on major tf, should be going down to touch the target level zone, if breaks above 1713, wait for retest and then only go long for above marked target zone with strict risk management.
KOTAK BANK case studyDemand zone as per previous swing low
Bullish wolf wave pattern
RSI at historical support zone
Profit booking possible, RR 1:41560 is a resistance and there is a high probability of profit booking from this zone. keep this in radar.
kotakbank breakout and retest#kotakbank 1710 big resistance is break
last 1-Day 16.16% changing open interest
last 5-Day 10.58% changing open interest
buy #kotakbank at 1710-1713
place stoploss at 1700
first target at 1740-1743
second target at 1755-1760
#thank you
KOTAKBANK in Bear's Radar ??!!!Chart patterns look impressive and paves way for the above titled opinion
REASONS
1. KOTAKBANK has been trading inside ASCENDING CHANNEL(Bright red and green trendlines) taking support and resistance at perfect levels till now.
2. Currently it is going under the down swing move inside the ascending channel .
3. In daily time frame , it looks like a Bearish Pennant in process yet to break.
4. Target & SL levels as mentioned (dashed yellow horizontal lines)@ chart.
5. It may take support @ Green line( 10year old strong support from 2014 ) (channel support) soon.
6. In addition to the above mentioned points, A GAP remains UNFILLED till now.
7. Gap often gets filled .....there is a chance for that to happen... .let's stick with our targets and trail our SL!!!
8. Better to enter after a day or at least 2 hour Breakdown out of the Yellow trendline .(as shown below)
Let's wait & watch how it moves!!!!
Note- Just Sharing my view....not a tip nor advice!!!!
Which Pattern will you chooseScrip is at an inflection point
Falling wedge on each shoulder of the HnS pattern.
Any side trade
- whether breakout from falling wedge; or
- breakdown of HnS
would be very rewarding in coming weeks....
Happy trading!
Kotak Mahindra BankThis video is only for education purpose. It shows that how any swing trader can make a position in combination of support and resistance level and regression channel.
We have analyze Kotak Mahindra Bank on daily chart. Bank is showing one way fall from INR 2000 to 1650. It is clearly shown with sliding regression channel.
After touching 1650, stock goes up to 1693. One can make long position if and only if stock breaks upper limit of regression channel on daily closing basis.
Note : - Please take your position after consulting SEBI registered investor advisor or analyst.
"KOTAKBANK" on positive reversalNSE:KOTAKBANK is trying to breach 0.5 Fibonacci levels, and if succeeds to close above that level we can see short term upside in the stock.
Target 1 = INR 1778.40
Target 2 = INR 1803.60
Stop Loss = INR1717
The analysis is based on the Fibonacci numbers, MACD and other technical indicators involved.
Disclaimer : The following information is for educational and informational purposes only and should not be construed as financial advice or a recommendation to buy, sell or hold any stock or investment. Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume . However, the future performance of a stock or investment cannot be guaranteed based on technical analysis alone, and other factors, such as economic conditions and company fundamentals, should be considered when making investment decisions. Before making any investment decisions, please consult with a licensed financial advisor and conduct your own research to determine if an investment is suitable for your individual circumstances and risk tolerance. Past performance is not indicative of future results, and investing involves risk, including the possible loss of principal.{/i]
KOTAK BANK Head & Shoulder PatternHead & Shoulder Pattern is a trend reversal pattern and is seen on uptrend, indicating the end of the uptrend is near. A neck line (support line) need to breach along with fallow up selling volume confirms the strength of the trend. In KOTAKBANK currently such a formation is seen on weekly chart. Still the support line is not breached and stock is trying to reverse from bottom. Need to keep a close watch as once this support line get breached along with decent volume a trend reversal can be confirmed. Traders need to wait for weekly closing below the support line, some traders wait for one more weekly candle to be closing under the support line as an additional confirmation. If stock reverse above right shoulder the pattern will get invalid or in another words stop loss will get trigger. Keep watch Keep Learning
