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Kotakmahindrabank

Long in Kotak Mahindra BankNSE:KOTAKBANK Stock is around 100 EMA Also near previous resistance turned support level The last formed bullish candle has engulfed the previous red candles of 5 days We got a bullish candle with a long wick at the bottom indicating demand for the stock and a high probability long opportunity Enter above 1825 for Target of 1980 Stop Loss - 1770 Kindly like the post if you find it useful and comment your thoughts if you have any. Happy trading!
NSE:KOTAKBANKLong
by segan_the_learner
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.
NSE:KOTAKBANKLong
by johntradingwick
8
KOTAK BANK : BASE IN DAILYNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:KOTAKBANKLong
by SENSITRADE_T