kotakbank 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...
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...
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...
Kotak Mahindra Bank, moving in bearish wedge pattern, Enter on buy side after above trendline breakout with target of 2000.
refer chart for target and stoploss. duration 1 month to 3 month. feel free to comment if you have any queries. also like the post if you like my recommendations. cheers!!!!
HERE 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.
Kotak bank it is :) if such good banks are giving u such great patterns, never judge them or speculate anything, trade with proper risk and take the trade for once :) Happy trading :)
Kotak Mahindra Bank has been following its chart very well. Long above 1700 (that will be the Stop Loss as well).
Stock is about to hit support and buy at the reversal with the stop loss
A 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.
A 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...
The stock seems bullish above the resistance zone. All Levels Have been marked.
Note: This is for educational purpose only. There seems to be a hammer at 21 dynamic support as well as the last resistance turned support. The pullback has happened on back of low volumes which indicate weaker sellers.