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Kotakbanktips

KOTAK BANK Double Bottom Bearish view for Intraday AnalysisThis stock in 30 and 15 min timeframe create a double Top Pattern. Strong resistance at : 1918.55 Support at:1878 2nd January if price will be open above 1900 wait for break 1890 and make a short position based on your analysis. Max volume at 1918-1920 If price will be open below 1900 then make your entry on short side or wait for create an any bearish candle near 1900 or follow price will respect the 1900 as resistance . then make your position. MACD indicator indicate bearish divergent.
NSE:KOTAKBANKShort
by KaustavHazra
Kotak Bank Has An Explosive Rally AheadNSE Kotak Mahindra Bank has started marching upside because it has completed wave ((4)). Its fifth wave will end nearby the retracement of wave ((4)) of 161.8% and sub-wave of (4) of 161.8%. So, long-term investors may hold for the targets of 2345 - 2446 - 2536 . At present, intraday & short-term investors can also jump on this stock. Kotak bank prices may move forward up to 1900 - 1960 - 2056 levels to hit the halfway of wave 5th. Consecutive closing above the level of 1832 is a direct buy signal. A short reversal is expected at the last target of 2056 . Further information I will update you soon. Stay connected!
NSE:KOTAKBANKLong
by forextidings
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