#KOTAKBANK #KOTAKBANKANALYSISBreakout from falling channel pattern.
Looks good for 2230 .
SL:- 1700.
R:R:- 1:1
Kotakbanklong
Kotak Mahindra Bank- BullishPrevious resistance turns current support
Area of support 745-765 zone
Possible to hold and/or bounce from this area
Weal below 1700 only
Bullish break out in the stocks for this week 08/07/2024..
ONGC is a government sector company is trading around the resistance zone. If there is a break out of the consolidation zone good returns can be captured in the stock.
The stock has taken a good support from 20 ema which also gives a confidence to hold the stock for a swing trading.
Even on the daily charts, the stock has test the 200 ema and chance of it clearing the resistance level is high.
A round number figure of 300 can be seen as the next resistance as the stock will be trading in an uncharted zone after the break out.
Kotak bank has been trading in a range and the upper resistance zone is around 2050 levels. The stock is currently trading around 1850 levels and has taken support from both the moving averages on the weekly charts.
If the stock sustain the break out there are chance of it hitting the resistance level soon. The target for trading are there on the chart.
Long term stock positions can also be created in the stock as it seems to show some bullishness.
Wait for the price action near the levels before entering the market.
Bullish Potential: Kotak Mahindra Flag Pattern ConsolidationDetails:
Asset: Kotak Mahindra Bank (KOTAKBANK)
Pattern: Flag consolidation
Consolidation Range: From February 2021 at 1600 to 2050
Breakout Level: Above 2150
Potential Targets: Projection based on the height of the flagpole or next significant resistance levels
Stop Loss: Below breakout level or as per risk tolerance
Timeframe: Medium to long-term
Rationale: Kotak Mahindra Bank has been consolidating in a flag pattern since February 2021, with the price oscillating between 1600 and 2050. The flag pattern is characterized by a period of consolidation following a strong upward move (flagpole). A breakout above the upper boundary of the flag pattern, around 2150, could signal the continuation of the prior uptrend and potentially lead to a significant upmove.
Possibilities:
Continuation of Uptrend: A breakout above 2150 may indicate renewed buying interest and the continuation of the bullish trend seen prior to the consolidation phase.
Projection Targets: Traders often project the potential upside move by measuring the height of the flagpole and adding it to the breakout point. This gives an estimation of the potential target levels.
Increased Volume: Confirmation of the breakout with increased volume would add further validity to the bullish scenario.
Risk-Reward Ratio: Depends on individual risk appetite and stop-loss placement.
It's essential to monitor the price action closely for confirmation of the breakout and adjust trading strategies accordingly.
KOTAK BANK: TURNAROUND POTENTAILLow Risk High reward bet - KOTAK BANK seems a no BRAINER at CMP.
Investment buying can be done for some great upside potential in future.
20 Jan ’24 — Will Quarterly results help the BankNifty bulls?BankNifty Analysis - Stance Bearish ⬇️
For some or the other reason, the 4mts & 63mts charts are not visible on TradingView. It may be due to this unscheduled working day and they might be facing issues with data feeds from vendors. We had a bearish view yesterday also and despite BN ending the day today with 357pts ~ 0.78% we are still maintaining the bearish stance.
16mts chart
A shallow support and resistance zone has formed between 45609 and 46025. The first critical support is unchanged at 45399 and the critical resistance at 47465. BankNifty was single-handedly responsible for limiting the losses on Nifty today - so we need to give due credit for that. But take a look at the chart - The fall from 48000+ levels did not just come because HDFCBK had poor results, it may be unwinding by FIIs considering the fiscal policy changes or reforms expectations for Budget 2024. So even if we have super duper results like the KOTAKs and ICICIs - we may not scale up that quickly. Honestly, we prefer if BN could reclaim the ATHs and support Nifty to crawl back into the channel. The US market hit a new ATH yesterday - SPX and the mood is euphoric.
KOTAK BANK: SYMMETRICAL TRIANGLEStock is under formation of a symmetrical triangle pattern. Stock is holding above it's 200 EMA on the weekly chart. A sustained closed above 2060 will be considered as a confirmed breakout of the pattern which shall take the prices towards 2800 zone in the coming months.
Kotak bank 28 dec to 10 january target 2050Hi friend
Kotakbank 2000 ce january 2024
15 guna capital hong
kotakbank 2000 ce january buy price 5 to 11 rs.
target 100 Plus
40 Days
Maine 1 lakh rs CE call me lagaya hai me 10 lakh plus profit book karunga 10 january 2024
note: eeducation purpose only
no buy sale tips
baki mere student hai or jisko technical samaj padta hai usko pata hai me ok
Trend Line breakout Banking stockBuy Kotak Bank 1785-1800
SL 1690 (90-100Rs SL)
Target 1: 1966
Target 2: 2146
Plane position as per your risk reward capacity
Kotakbank Intraday or 1 week HoldKotakBank seems good above 1754 for 1D or 1W hold, Banking sector is in positive mood we can say a good rally
Kotak Bank - Intraday - 06.11.2023If trigger line crosses over 54.70, it may reach to 64.64, 20 to 25 Rs in cash.
If trigger line crosses below 47.20, it may reach to 35.26, 26 to 35 Rs in cash.
KOTAKBANK is forming an Flag & Pole PatternKotak Bank is forming an Flag & Pole Pattern.
Wait for breakout from 2000 level if safe investor (35%+ Gain).
Risky investor can start to dive in from current level of 1730-1740 (55%+ Gain).
#Current Price - 1730-1740
#Expected Target - 2700
#Stoploss - 1650
Pattern is forming on weekly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Please give a Like if you like.
Kotak - Slow but Stable HorseThis stock hasn't given good upside since Jan 2021 however with a strict weekly closing SL of 1630 can pay off really well. Any view?
Kotak Bank Near Support ZoneKotak Bank is trading in sideways channel and is currently near a support zone of the channel. This presents a potentially good opportunity for a swing trade.
Entry:
For entry, it is recommended to go long after close of strong bullish candle near support zone.
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.
Kotak Bank- Impulse formationAfter a 5-waves up stock has corrected to 50%-61.8% Fibonacci retracement level and bounced back forming HH HL. Considering the rise as wave-1 and the fall as wave-2 , the current bounce is suggesting that stock is unfolding it's 3rd wave which shall take the prices towards 2230-50 zone in the coming weeks.
TRADING STRATEGY:
Buy near 1970 , SL: 1830 TGT: 2230-50/ 2480
KOTAK BANK BULLISH MOMENTUMKOTAK BANK APPROACHING TARGET
target 1 - 1900
target 2 - 1937
SL 1844
Because of kotak bank & sbin bank nifty is strong.
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 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.
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 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
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.
