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...
Expecting good gap up in BNF as ICICIBANK has given wonderful results. If BNF sustains above 37960/38000, we can see more upside in Intraday If support level of 37480 breaks we can see good downfall in BNF Future, supports are mentioned in the chart
ICICIBANK has posted exceptional Q3 results and is expected to open gap up on Monday, we can expect to see levels of 820-840 on Gap up, if this gap up sustains we can also see levels of 850/860 Intraday itself, If there is no gap up, these levels can also act as Intraday Resistances
KOTAK BANK Intraday support and resistances 24/01/2022
long on Kotak bank. Reason for trade. 1. Flag and pole pattern break. 2. Good volume while breaking. Note- I am not a SEBI registered analyst. Don't trade according to my plan.
A bullish engulfing candle is formed at ascending support line. RSI is 40+
Kotak formed a base after a downtrend and gave breakout Reversal expected from here
Best time to buy kotak mahindra bank. Clear indication that bulls are taking over bears.
In recent correction of market the stock has broken 100, 200, EMA and taken support near 1720 levels. heavy constituent in bank nifty, SIP is to be done from these levels on a weekly basis. Good returns shall be generated as stock gains 100,200 EMA for an ultimate target of 2000+
NSE:KOTAKBANK Observations: 1) On 1day time frame, since last 3 days it has been trading around 200DMA. Yesterday, it gave breakout of 200DMA and today it managed to take support from 200DMA and close just above 200DMA. 200DMA is major support at this moment. If it gives breakdown of 200DMA then it will be bearish again. 100DMA will be immediate...
NSE:KOTAKBANK Hello all! Kotak Bank has been moving in a channel since the covid crash. Its now at the lower trendline which generates a good opportunity to go long! There are multiple other factors which strengthen my conviction: -> Presence of 200 daily EMA -> Presence of 50 weekly EMA -> Stock is trading at its support zone -> It is trading between 50% -...
NSE 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...