Kotak bank - breakout with huge volume Enter the current market price. Target 1 -1900 Target 2 -2000
KOTAKBANK - Looking to move further up once it crosses 1740 decisively. Expect decent upmove
Kotak looks bullish on daily time frame. Can enter trade tomorrow after it crosses 2 DHH. Bank Nifty also looks bullish till 35900. Seems like a good combo on buy.
NSE:KOTAKBANK Observations: 1) On 15 min time frame it has been making lower lows in price chart but on RSI it is making higher lows. Which can work as regular bullish divergence. Please refer below chart. 2) On 1 hour time frame it has been making higher lows in price chart buy on RSI it is making lower lows. Which can work as hidden bullish divergence....
NSE:KOTAKBANK Observations: 1) On 1 hour time frame we can see it made higher low, while RSI made lower low. This can be act as hidden bullish divergence. Please refer Chart below: 1 hour time frame. 2) On 15min Time frame, we can see it made almost flat lows in price action, while RSI is making higher lows. This can be act as Exagerrated Bullish...
looks for for a positional trade , its been consolidation after breakout , will be good to enter above 1781 aim for target 1900 with a stoploss of 1720
Kotak Bank make ascending triangle pattern wait for entry....
Kotak Mahindra Bank Breakout Target: 2000 Entry: 1747 Stoploss: 1626
kotakmahindra weekly may be having a channel breakout on upside and it is also a previous resistance area. momentum on weekly has taken support from rsi 40 and bounced up while daily momentum and trend has now climbed into bullish zones. This could also be looked as a potential change in polarity bounce on weekly where it broke put earlier from resistance and then...
Weekly Chart confirming the trend as well. RSI in +ve Flag Formation Pattern Good Green Candle Crossing over BB MA.
Sometime you just get Self Explaining Chart. Stairs being climbed by Kotak Bank historically.
Kotak bank stock retraced 50% of wave 3 and formed an ending diagonal pattern in wave 4, finally has done breakout from ending diagonal pattern, it looks like the correction is completed and the stock is likely to started its next step of upmove, also the macd in daily time frame has turned bullish and done positive crossover, as the wave 5 unfolds the stock may...
KOTAK BANK SEEMS GOOD TO BUY ABOVE 1758, TARGET 1 >> 1782.50, TARGET 2 >> 1796.50, TARGET 3>> 1814.50, WITH STOPLOS OF 1743 (IF 15 MIN CANDLE CLOSE BELOW)
KOTAK bank spot cmp 1630 Bullish wolf wave formation multiple support around current levels Good long candidate
Eye On kotak Bank if holds above 1755 on DCB today. Then it has room for 15% move upside. Cheers :) Trade with Proper risk management. Profit is secondary.
Kotak has broken out of multi-month wave (4) triangle. The final (5) should be sharp and quick. It may try to reach the channel top which is at 2300 as the final target. A test of previous high 2049 is most likely. Stop loss- 1624 i.e the previous swing low
Kotak Mahindra Bank Ltd. Engages in the provision of commercial banking services. It operates through the following segments: Treasury, Balance_Sheet_Management Unit (BMU) and Corporate Centre; Retail Banking; Corporate or Wholesale Banking; Vehicle Financing, Other Lending Activities; Broking; Advisory and Transactional Services; Asset Management; Insurance_ and...