KOTAKBANK - 14th July 2022Stock approaching Resistance Zones 1785 - 1740.
Bears will try to start pushing prices lwoer from here as long as this zone is not crosseed on upside
KOTAKBANK
Kotakbank can go long for short termAbove is the view shared for KOTAKBANK, wherein it can go long of Wave 5 or in correction Wave B.
Trend Analysis + EMA 200 Support Kotak Mahindra Bank seems poised for an upside after bouncing from key support area.
It has reached historical 10 Year PE level of 25-30ish and S2 Fibonacci Pivot as well.
There has been consistent topline and bottom line growth, with increasing market share from shift to organized sector.
This is not an investment advice. Only for research purpose.
KOTAKBANK - 22nd June 2022Stock at Medium Term Support Levels of 1680-1630.
Value buying by Long Term Investors can happen at these Levels.
KOTAKBANK - Accumulation ZoneKotak Bank looks like in accumulation zone.
For Investor Mindset - an SIP in Kotak Bank within the channel will give good and safe gains.
For Trader Mindset - Wait for a bounce back from RSI in 35-40 range, will give a good swing trade going ahead.
* Note - Material only for informational purposes, do your own due diligence before taking positions.
KOTAK BANK - In Range AccumulationCurrent bias is bullish
After recent breakout stock currently in pullback zone
1840-1880 seems to be a good range
Break and sustain above 1880 will take stock back to 2K levels
Risk to reward seems excellent
Nifty Spot Weekly Outlook 06th June to 10th JuneFalcon Analytics Outlook Nifty 50 for the Expiry week ( Jun 06 – June 10 )
Last Weekly Nifty witness selling pressure @ 200day EMA @ 16746 on friday, while the pivot for the week @ 16223 was not breached.
Technically for this week on the daily charts we see minor support on the downside for Nifty50 index lies at 16358 levels,
whereas minor resistance on the upside is capped around 16824 levels.
If Nifty50 index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 16250/16114 and and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16960/17095 .
Currently Nifty50 index is trading Below Red Line 200 day EMA @ 16746 suggests long term trend is Bearish .
Range for the week is seen from 16114 on downside and 16824 on upside.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 17095
RESISTANCE 3: 16960
RESISTANCE 2: 16824
RESISTANCE 1: 16740
WEEKLY PIVOT LEVELS: 16605
SUPPORT 1: 16469
SUPPORT 2: 16385
SUPPORT 3: 16250
SUPPORT 4: 16114
All above views for education purpose only.
Regards,
MD .
KOTAK MAHINDRA BANK TARGET ACHIEVEDFollow me for more such breakouts if you also want these breakouts then contact me 9081469519.
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W Pattern on Kotak Bank on Weekly Timeframe Great for InvestmentKotak Bank has formed W pattern on weekly timeframe , this could be a great investment opportunity , if KOTAK BANK is able to break the upper resistance zone could go up till 2000 level
Note: This is only for educational purpose
INDUSINDBK Ascending triangle NSE:INDUSINDBK
#xNSE:INDUSINDBK formed beautiful ascending triangle.
Happy LEarning !!
Kotakbank in a descending triangle pattern.Kotak mahindra bank has been consolidating for 3 months.
The bank is due for its quaterly results and a break out.
The stock has respected its 20 ema on daily time frame.
If the stock breaks out of the consolidation zone it can give nice long targets.
Support :- 1700, 1577
Resistance :- 1820-25, 1964
Wait for the entry above the level of 1820-25 as it will be double confirmation break out.
Swing and intraday trades can be initiated in the stock.
Bank nifty key levels for the upcoming few weekBank nifty might face a consolidation for a few days
Fundamental factor
1. war-like situation in the market.
2. most Chinese cities are under lockdown.
3. due to LIC IPO we could see a sell-off in the stocks for some time.
4. Fed might hike the interest rate due to increasing inflation.
So, overall there is a lot of fear In the market
(REMEMBER ALL THE BULL RUNS START WHEN THERE IS PANIC IN THE MARKET YOU CAN TAKE THE RECENT EXAMPLE OF THE WAR)
Technical reasons
1. the level of 35500 is imp because it lies at a 50% fib level and according to price action it is a good support.
2. 200ma is resisting the 37000 level and 50ema is also resisting the market.
3. so overall there are a lot of resistances in this zone so this is a no trading zone.
WHEN TO BUY?
1. there is a gap formed at the levels from 37200 to 37600 and the market tends to fill gaps with a big momentum like in the past.
2. So, we could go long once it breaks the no trading zone and 1700 points target could be achieved
Kotakbank forming symmetric triangle In a daily chart we can see that, kotakbank is in a crucial zone and forming symmetric triangle pattern and we also see that it is in important demand zone that we marked in chart wait for the proper breakout with volume. Do your own analysis before investment. it is just my view on the stock, not recommendation.
Kotak Bank Ripe for a major break out of range#Kotakbank is forming a major descending triangle close to major support zone.
Descending triangle breakdown if succeeds it could go to 1000 while a pattern failure- failure of descending triangle cud send it back to ATH
Long in Kotak BankThis is daily timeframe. We can see clear breakout of chanel and now come for retest the trendline. Looking for upmove above 1790.
Entry :- 1790
Target :- 1920 , 1980 , 2050
SL :- 1730
(Not Sebi Registered analyst. This is just My view..Educational Purpose only.)
KotakBankKotakBank Cmp 1780
The Green zone is the demand zone which is being holding since some time
but with Downward trend line, one can also see the selling pressure in it...
Since price is trading in compact zone...
Expecting price to break either one zone
and move of 200points can be on cards
can keep on watchlist
Vedang :D
Chart is for study purpose only!!
Kotak bank getting ready for breakoutKotak bank getting ready for breakout in 15 mins time frame
Technical analysis based on Trendlines & Price action
Use it just for reference and do your own analysis
BUY KOTAKBANK ABOVE 1732KotakBank looking good buy if sustains above 1732 for the upper marked targets. You can cook maximum qty around 1st Target or 1830 as trendline will act as a resistance.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BANDHANBNK Resistance BONSE:BANDHANBNK
#BANDHANBNK trying for resistance BO.
Post confirmation may give good momentum.
Happy LEarning !!
Kotakbank looks bullishThis pattern can be considered either a downward sloping channel or an expanding channel.
KOTAKBANK - Looks good above 1790KOTAKBANK - looking for an up move above 1790. Might rally if market supports.
