Kotak is one of the top most banks in India which has significant weightage in both Bank nifty and Nifty 50. also, considering the history of price movements, Kotak has never breached the 200 day moving average significantly and went down except the 2008 crash. The most recent example was the covid crash where it took heavy support. i would say the 200 DMA would...
KOTAK MAHINDRA BANK : SHORT TERM PICK NSE:KOTAKBANK CL.PRICE : 1884.60 (NSE) Analysis : BUY Stock has been performing bullish since last 5 days and today it had a successful close above decision point / important resistance zone where lot of bearish consolidation has taken place in the month of June 2022. The Bullish trend may continue for next few weeks...
Cup and Handle Pattern is seen in Kotak Mahindra Bank Expecting 1950 to 2000 level this month
Kotak Mahindra Bank seems poised for an upside after bouncing from key support area. It has reached historical 10 Year PE level of 25-30ish and S2 Fibonacci Pivot as well. There has been consistent topline and bottom line growth, with increasing market share from shift to organized sector. This is not an investment advice. Only for research purpose.
Another stock which is at a beautiful zone for accumulation. Buy at these levels so that you can get an opportunity to double your money in the next 3 years.
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.
This is daily timeframe. We can see clear breakout of chanel and now come for retest the trendline. Looking for upmove above 1790. Entry :- 1790 Target :- 1920 , 1980 , 2050 SL :- 1730 (Not Sebi Registered analyst. This is just My view..Educational Purpose only.)
KotakBank Cmp 1780 The Green zone is the demand zone which is being holding since some time but with Downward trend line, one can also see the selling pressure in it... Since price is trading in compact zone... Expecting price to break either one zone and move of 200points can be on cards can keep on watchlist Vedang :D Chart is for study purpose only!!
We are witnessed & clearly visible Symm Trngle Patt. Levels mentioned & Take or Watch it, Its on you.
NSE:KOTAKBANK had a nice breakout with a strong candle, even the banking sector looks positive on merger of HDFC and HDFC BANK. thus bank nifty also shows a bullish sign and due to this overall research the kotak mahindra bank also seems bullish momentum in upcoming days The trade has to maintain a strict stoploss of the current daily candles swing that is 1734...
according to my analysis kotak mahindra bank can touch the resistance level one more time, it can also break the level of the resistance. I may be wrong, so you guys prepare your own study before taking a long position.
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.
Kotak Bank already gives an breakout of cup and handle pattern if it breaks trendline resistance then we can see target of 1920
Primary Trend : Bearish (Monthly) Secondary Trend: Bearish (Weekly) Minor Trend : Bearish (Daily) Bearish momentum will continue until it breaks its major RESISTANCE "1778" Supports are: 1737 & 1695 Resistance : 1778 & 1817
Kotak bank weekly support and resistance if breaks support further down fall might happen. Investors has to be cautious.
Nice trendline breakout at Kotak Mahnidra Bank. Price was in correction for long time, and it is strugling to form Lower low. Trendline has been tested multiple times and finally broke it today and Daily candle closed above trendline. Just be carefully the price also have formed Head and shoulders patern but it will most unlikly to break on downside considering...