Kotak 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...
Cup and Handle Pattern is seen in Kotak Mahindra Bank Expecting 1950 to 2000 level this month
Kotak has broken inverse head and shoulder pattern and it can go further upside. Please note this is just my observation and consult with your financial advisor before taking any trade.
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...
Only for educational purpose , please follow levels.
KotakBank 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
Kotak bank has closed just above the support level of 1700-15 On a daily time frame, a doji candle is formed. Wait for the price action to form a pattern near the levels Support:- 1700, 1550 Resistance:- 1825, 1960 Kotak bank can become a swing trade if the trend is final.
Kotak Bank Intraday , follow levels and trade, avoid trading in big gap up or gap down.
Kindly refer the chart Buy at/above 1827.56 Target 1 1837.35 Target 2 1848.08 Target 3 1858.84 Target 4 1869.63 Target 5 1880.45 Trade details are for educational purpose, kindly refer to your financial advisor before initiating any trades. Feedback welcome. Thanks & Regards
Kotak Bank already gives an breakout of cup and handle pattern if it breaks trendline resistance then we can see target of 1920
Description : Kotak Bank at lower levels following trendline area support and at resistance zone now. if it breaks on upside more bullish it will become. Support Area : Support at 1800-1830 and 1640-1690 Resistance Area : Resistance at 1950-1980 if broke above it then 2100 and 2300 Zone to watch for.
I hope you can now see how 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 favor. 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...
NSE:KOTAKBANK Observations: 1) On 1day time frame, since last 3 days it has been trading around 200DMA. Yesterday, it gave breakout of 200DMA and today it managed to take support from 200DMA and close just above 200DMA. 200DMA is major support at this moment. If it gives breakdown of 200DMA then it will be bearish again. 100DMA will be immediate...
NSE:KOTAKBANK #Kotakbank descending triangle formed and ready to BO Ping me personally for levels.
*Always Enter With good confirmation & Maintain proper Risk Reward. **********Educational/information purpose only ********** >> Visit My Ideas Page for Daily Stock Analysis, Follow for Live Updates. <<
Kotak bank has took out the strongest supply zone and also broke the previous swing high with good volumes. The harmonic ABCD pattern gives us the targets of the next swing high. If these targets are taken out, the AB=CD pattern gives us the fib ratios until 3.618 when the AC is around 0.384 AB. So there is a lot fuel left for the rally which could lift the Bank...
Kotak Mahindra Bank is given Breakout one can go long with small stoploss