Kotakbanklong
Kotak bank - Triangle breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
KOTAKBANKkotakbank has given breakout from resistance trendline in hourly time frame along with rsi bullish divergence, and now it is retesting broken resistant trendline
this can be opportunity to go long on dips
with stoploss of 1748 for targets of 1774, 1781, 1787, 1796, 1805, 1816, 1831, and 1850 in coming days
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
Kotak mahindra bank #Long
FOR INTRADAY
If candle closes above 1815 buy
Target - 1825
If candle closes below 1808 sell
Target - 1793 /1788
FOR SWING
If candle closes above 1830 buy
Target - 1904/190/1940/1970
If candle closes below 1787 sell
Target - 1773/1756
Breakout alert ahead.
Self explanatory chart.
For educational purpose only. I am not a sebi registered expert. Trade at your own risk. Feel free to text & Share your views.
Kotak Bank - Symmetrical triangle + Bullish market structure The price was forming a symmetrical triangle that broke upwards. But the price is getting rejected from the 1820-1830 zone. The 200 MA is also acting as strong resistance in the 1830 zone. Hence 1830 is a crucial level. If the price manages to sustain above 1830, then we can head towards 1900 and upwards. I have made an illustration on the left-hand side, to explain the symmetrical triangle pattern.
Targets: 1900, 1993, 2045
Highlights:
1. Symmetrical triangle
2. Resistance from 1820-1830 zone
3. 200 MA also acting as resistance at 1830 zone
4. Sustenance above 1830, will push the price towards 1900
4. Targets: 1900, 1993, 2045
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
KOTAKBANK TRIANGLE PATTERN BREAKOUTHERE IS THE CHART OF KOTAK MAHINDRA BANK 1 DAY CHART I FOUND OF TRIANGLE PATTERN BREAKOUT.
AND WHEN 20 AND 200 EXPONENTIAL MOVING AVERAGE IS PARALLEL TO EACH OTHER AND WHEN THEY GOING ANOTHER DIRECTION SO THE TRADE GIVES RIDING.
IN THIS I ALSO THINK THAT IT WILL BREAK UP SIDE.
MY TARGET FOR THIS IS = 1831, 1935.
FLAG AND POLE PATTERN IN KOTAKBANKA bull flag pattern is a chart pattern that occurs when a stock is in a strong uptrend. It is called a flag pattern because when you see it on a chart it looks like a flag on a pole and since we are in an uptrend it is considered a bullish flag.
FOR EDUCATION PURPOSE ONLY.
KOTAKBANK Overview in Daily ChartsA channel is observed, the stock is trailing near the support region of the channel, and a reversal is expected in BANKNIFTY shows a positive trend in the coming days. If the price falls below 1950, we may expect a breakdown from the channel and further downside can be expected provided BANKNIFTY shows a negative trend to support the downtrend.
Overall, I feel bullish about this stock for the coming days.
KotakBank Long BreakoutI 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 .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Kotak Bank : Positional Buy Trade SetupNSE:KOTAKBANK
Hi Traders,
Kotak Bank trade setup and entry and target level on chart.
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* This analysis is educational/learning purpose only.
* Trade at your own risk.
Trade well,
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