Kotak Bank: Chart set up & trading strategyKotak Mahindra Bank
Observations:
- On the upper side 1804-1825 levels has acted as resistance
- 20 day EMA is around 1773
- 50 day EMA is around 1707
- The yellow zone has acted as a major resistance back in Dec 2019 - Feb 2020
- Now it is consolidating near the same levels
For Cash buying consider buying in 2 tranches
- one at current levels and 2nd
- on Any further dips towards the blue line currently around 1615. The risk::reward ratio looks very favorable near the blue line.
Target 1820 / 2030 / 2240 / 2412
Follow the blue line as you guiding line...
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F&O Strategy for July month
Given the chart set up, strategy suggested in Kotak Mahindra Bank for July month: Iron Condor strategy
It is a combination of 4 lots (2 for Call option and 2 for Put option)
Sell 1800 Call Option around 20
Buy 1840 Call Option around 11
Sell 1680 Put Option around 24
Buy 1640 Put option around 13
Net credit approximately 20 points
Lot size:400
The strategy has a yield potential of approximately 12.8% on margin requirement
Loss in strategy if closing on 29 July is below 1660 or above 1820.
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Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Longterm
VAIBHAV GLOBAL READY FOR AN UPMOVEWE HAVE SEEN GOOD BUYING COMING UP IN THE LAST 30 MINS ON 25TH JUNE. IMMEDIATE TARGET IN THE NEXT FEW TRADING SESSIONS CAN BE 825 LEVELS TARGET 2 842. THESE ARE SHORT TERM TARGETS. THIS CAN ALSO BE A VERY GOOD STOCK FOR LONG TERM PERSPECTIVE. AT A GOOD POSITION TO ACCUMULATE.
AKSHOPTFBR Long (Swing)Price accumulating below a multiyear low.
currently respicting weekly and daily demand zones. My entry zone is a bit suspicious as looking on the lower Timeframe 4H, there appears to be a gap up and then a tap into the concerned zone.
So in essence it wouldnt be the first time price has tapped that. But eh, optimism.
entry would be 6.3 to 6.4 ish.
No Idea about the fundamentals. not financial advice gg.
L_TFin LONGWatch-out for stock to break weekly resistance trendline and can long above 101.1 for short term target 122-132 levels and long term target of 145 that is 100% fib level extension and also 3rd impulse wave.
Volume in weekly chart can be seen increasing and accumulation period is over almost. Time to ride the stock.
Value investor and swing traders can long at cmp with 87.65 SL or 84 as per your risk and go long for 108-110 in coming 1-2 months.
Long General Insurance (GICRE)General Insurance (GICRE)
Cmp - 201
Stop - 170 on DCB
Expectation -
T1 - 340
T2 - Open, Review at 340
Expected Holding Period - 120 trading days or earlier for T1
View:- Swing/Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Long Meera IndustriesMeera Industries
Cmp - 99
Stop - 60 on DCB
Expectation -
T1 - 160
T2 - Open, Review at 160
Expected Holding Period - 80 trading days or earlier for T1
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Uttam Galva Steels - Weekly Chart- CMP 7.1 BuyUttam Galva Steels - Weekly Chart- CMP 7.1 Buy For Target 10-13-16-20+
Add More If Get @4 SL Below 2
H T Media - one different approachH T Media
note guys this is not a buy recommendation and I am not sure about this company.bcz here I used a different way to select this stock.so safe players kindly avoid,the money is yours.
-chart looks good
-(feel something more than chart.)
thanku😊
like-comment-support
Long City Union Bank...small stoploss low risk tradeCity Union Bank
CMP - 164
Stop - 155 on DCB
Expectation -
T1 - 200
T2 - Open, Review at 200
Expected Holding Period - 60 trading days or earlier for T1
View:- Swing/Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing