Details:
Asset: Kotak Mahindra Bank (KOTAKBANK)
Pattern: Flag consolidation
Consolidation Range: From February 2021 at 1600 to 2050
Breakout Level: Above 2150
Potential Targets: Projection based on the height of the flagpole or next significant resistance levels
Stop Loss: Below breakout level or as per risk tolerance
Timeframe: Medium to long-term
Rationale:...
NSE:KOTAKBANK shares have tumbled after RBI banned the private lender from taking on new clients digitally, due to IT-related deficiencies, raising concerns about the potential impact on the lender that relies heavily on online banking.
The current levels may act as a support but this firm stance by RBI is in line with the recent past actions on various other...
Kotak CMP 1792
Elliott- the consolidation since the last 4 years to me is a triangle and is complete. The thrust out of such triangles are generally very strong.
The stock trading in a rising channel is telling me things are changing. RSI too is now oscillating in its bull range. Hence to me it is time to buy this large cap stock.
The stock is at important support level. Close below 1600 levels can pull the stock further down.
RSI near 30 and falling
Trading below EMA50
Volume spurt
Suggest caution in long calls !
Disc: for study, not a recommendation
KOTAK MAHINDRA BANK
Cmp :- 1767
Traget 1:-1796
Traget 2:- 1855
Traget 3:- 1915
stop loss :- 1731
R/R :- 1:2
Expected return : 4-8%
For educational purpose only
as you can see in this chart price is following down channel from last 3 months now i believe that price breaks the upper trend line and follows the targets given
Digital banking segment of Kotak Mahindra Bank is headed by Jay Kotak who recently made the headlines for his wedding recently. Similar ban happened with HDFC bank and price of the stock struggled to get back the momentum since then. The stock has been in this ₹1600-₹2000 zone since very long. Will it be able to sustain this or break this long time support? ...
Symbol - KOTAKBANK
CMP - 1755
Kotak Mahindra Bank is a diversified financial services group providing a wide range of banking and financial services including Retail Banking, Treasury and Corporate Banking, Investment Banking, Stock Broking, Vehicle Finance, Advisory services, Asset Management, Life Insurance and General Insurance.
This is one among India's top...
NSE: KOTAKBANK is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed...
Dear viewers I am not a SEBI registered analyst and whatever I am sharing its my personal view, and this video is only of learning purpose.
kindly watch this video and share your view and support me so I can make learning video for you please subscribe to my page.
Longterm Buying KOTAKBANK Target for 1900+
Buy Levels
1790 1st slot (50%)
1750 2nd slot (25%)
1700 3rd slot (25%)
Stop Loss 1600
This idea is for Educational purposes and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Look at the weekly time frame of kotak mahindra bank which is trending in a channel, as we can see a range bound momentum we can look at those side either buy or sell is it breakout or breakdown the channel.All targets are as given of positional trade only.
This is all about kotak mahindra bank.
NOTE : ALL THE GIVEN IDEAS ARE ONLY FOR EDUCSTIONAL PURPOSE ONLY...
My view on Kotak bank, Target Price and SL shared in chart.
Kotak Bank currently breakout of Inverse Head and Shoulder patern.
This analysis is only for learning purpose only, not recomendation,
please take any decision with your financial advisor.
I am not SEBI register.
Top Down analysis of Kotak Bank chart on Technical Basis.
Entry on Monthly closing above 1231 for long term. SL will be recent swing low.
Precise entry can be taken as per daily and weekly chart BO mentioned in the video.
#Kotakbank
- Long Term Uptrend + Rectangle pattern near ATH is under formation
- IHNS BO in daily time frame
- Triangle pattern in weekly/ daily...
