KOTAKBANK - Ichimoku Bullish Breakout Stock Name - Kotak Mahindra Bank Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1960
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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KOTAKBANK
KOTAKBANK Fresh BreakoutKotak Bank on the Daily chart is on the verge of breakout, I am Entering into Long Position in KOTAKBANK future Around 1870 For the Targets of 1990 and Stoploss below 1815 (Time Horizon 15 Days)
Reason To Buy Kotak Bank:
# Stock Today Crosses 200 Days EMA.
# Falling Wedge Pattern Breakout Seen.
# Banking Sector Trading in Strong Momentum.
# Frontline Blue Chip Stock with huge volume.
KotakMahindraBankLtd breakout todayKotak Mahindra Bank Ltd. (KTKM) breakout target 1912 1922 1950 1987
Kotak Mahindra Bank Ltd. (KTKM) strong breakout with high volume and momemtum created in kotak bank. today channel breakout.
BUY now for long. NEXT TARGET1912 1922 1950 1987. Time to go for long, get ready to catch the profit. This is knowledge sharing ideas only. If you want to invest consult with your advisor once . Thank you
KOTAKBANK - Ichimoku Bullish Breakout Stock Name - Kotak Mahindra Bank Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1912
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
SBIN BUY SETUPSTOCK NAME = SBIN NSE:SBIN
TRADE TYPE = POSITIONAL TRADE
SBIN BUY IN THIS RANGE = 528
STOPLOSS = 521
TARGET = 550 , 560
Disclaimer : Trade views are based on our analysis and for educational purposes only.
We are not responsible for any kind of loss.
Kindly consult your financial advisor before trading.
Kotak bank view for long term holdersKotak is one of the top most banks in India which has significant weightage in both Bank nifty and Nifty 50.
also, considering the history of price movements, Kotak has never breached the 200 day moving average significantly and went down except the 2008 crash. The most recent example was the covid crash where it took heavy support.
i would say the 200 DMA would be the best place to add for long term portfolio.
if it breaches that I would suggest add in every 5% drop maybe.
But in any case, it surely is one of the best banks in the indian banking space.
Kotak Mahindra Bank - BUYKOTAK MAHINDRA BANK : SHORT TERM PICK NSE:KOTAKBANK
CL.PRICE : 1884.60 (NSE)
Analysis : BUY
Stock has been performing bullish since last 5 days and today it had a successful close above decision point / important resistance zone where lot of bearish consolidation has taken place in the month of June 2022.
The Bullish trend may continue for next few weeks and stock has full potential to test 2100 levels above which it may go in all time high territory.
one can plan longs with stop loss at 1800 levels .
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Attached below few Related Ideas posted under my profile in recent time .
Happy Hunting ,
Chintamani
Disclaimer.
I am not SEBI registered analyst.
My studies are for educational & General purpose only.
Please Consult your financial advisor if you have plans of trading or investing.
You yourself hold sole responsibility of profits and your losses arising of above shared info