kotak bank share analysiskotak mahindra bank is in attractive price zone if break 1740 , then target of buy is 1700, 1700 break then target of buying is 1650 ,1650 is most hard support
KOTAKBANK trade ideas
Kotak Mahindra Bank formed W pattern in Daily CandleI am NOT A SEBI REGISTERED ANALYST. Please do your own analysis
Kotak Mahindra Bank formed W Pattern on Daily Candle.
Entry -> Above 1845 level closing in daily candle
Target -> 1985
SL -> 1800
Note: Correction might happen after reaching 1845 till 1810 to 1815 levels
Kotak Bank - Strong Support Zones
Kotak Bank has a strong support at the white dotted trend line. If it breaks from here major support is at 1678. drawn by horizontal white line. Things will stabilize today with 3- 3:15 candles and improvement will come from 22nd. Buying is to be done only on Monday after 2:30 candle on Monday after due diligence.
"Today, market is watch only till the end and then major opportunities will come to buy."
From Monday, it is likely that market will pick up & there will be recovery till 29th of September 2023. But, markets do surprise so please adhere to the levels prescribed. But, markets do surprise, do not be in haste.
I am not a SEBI Registered Analyst, please consult your financial advisor before making any decision. This is only for educational purposes.
KOTAKBANK Expecting correction from here!!I believe that the impulse wave is now complete and we may see a correction from here which can go deeper as well depending upon the sentiment of the global markets in coming days.
NFA!!
Soon 20% gain Bullish
Long time accumulation happening
Bank to rise soon
Fundamentally strong
Good financial of company
Cup and handle
Down 10% from high after Cup and handle.
Bullish on the stock
KotakBank consolidating from one year will it give Breakout ? KotakBank consolidating from Dec 2021 to Nov 2022
The range of consolidation is 1625 to 1975, Bank Nifty moved in range of 10000 to 12000 point in last one year.
Bank Nifty moved 10000 point since Jun 2022. The move lead by ICICI Bank, Axis Bank, SBI , HDFC Bank and Along with PSU BANK
Kotak Bank and Indusind Bank has not moved in rally, So when Index start correcting I expect Kotak Bank and Indusind Bank will help fall of bank nifty.
Buy Kotak Bank Above 1980
Target1 2040
Target2 2100
Target3 2200
SL 1880
Consolidating in zone
Tested zone of 1950-2000 more than 8 times so if gives breakout that will healthy breakout.
Global cue should support market direction
KOTAK BANK WEEKLYSince 2022 Kotak bank is dancing to the tunes of Harmonis will it beak out this time let see...
Kotak - Slow but Stable HorseThis stock hasn't given good upside since Jan 2021 however with a strict weekly closing SL of 1630 can pay off really well. Any view?
Trading in Channel from 2.5yrsKotak bank is trading in the channel from 2021 till date.....
Upper Price - 2000
Lower Price - 1685
If close above 2000 on the Weekly chart, can be considered as channel breakout.
Buy at 2010, SL 1815.
NOTE: Please maintain good Risk to Reward, as per your risk appetite.
Kotak bank- Counter trend tradeThe thing with taking a counter trend trade is, there is a very high chance of trade failing, but if it works, risk reward can be really good
-Kotak bank is in a slump since long time, but it is trying to form a bottom in my opinion
for building positions, i recommend taking 50% entry above 1783, and 50% above 1789, keeping a sl below 1754
do not risk more than 1% of your account in this trade.
Correction in KOTAKBANK. FLAT (or) TRIANGLE Wave.Elliott Wave Analysis:-
Due to some management changes in bank there are certain fundamental changes taking place. Let the cloud get cleared, until that we wait for the clear sky.
View1:-
triangle pattern.
B wave was formed.
Once C,D wave was formed then we can enter into the trade.
until that we watch the wave formation.
1631 as stop loss we enter into the trade.
once the breakout was completed in upper side we trail our stop accordingly in between waves.
View2:-
Flat correction.
Once it break 1631 then flat correction is confirmed .
Almost B wave was seems to be over.
it may reach 1570,1436, 1267, 1051 will be the support level.
Wait and watch until there is a clear wave formation.
I'm not a SEBI registered advisor.
Kindly consult your financial advisor.
Kotak Mahindra Bank- Stuck in a range--Keep in a watchlist---take entry once it makes a breakout and close above or below in 1 hour time frame.
SL will be decided based on breakout direction.
Note:-Only for educational purpose.
KOTAKBANK: LONG SETUPKOTAKBANK: LONG SETUP
Levels mentioned on chart.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading
Kotak Mahindra Bank - Long
Levels to watch for is , 1961, 1963, 1967 and closing price of 1971. If these levels are maintained nothing to worry at all.
Kotak Mahindra Bank at a crucial Level. If doesn't break level. Can give big returns in the long run.
But trade cautiously. Don't be in haste. Price is below 200 SMA in 1H Chart. May use combination of 5EMA and 34 EMA. But when 5 EMA crosses 34 EMA from below.
Disclaimer: I am not a SEBI Registered Analyst. It is just for educational purposes. Please consult your Financial Advisor before making a decision.
Kotak-Bank- Double TopThe breakdown is possible below support- 1750.
A double top is a pattern for two successive peaks, which may or may not be of the same price levels. The pattern looks like an M. A double top pattern occurs when the stock fails to continue the uptrend in its second attempt as it meets resistance to pressure from sellers at its highs. In a market rally, sellers suddenly take control and push the price downward. Price begins to retreat to a level that is considered attractive for buyers. The buyers enter the market and push the price up to make a second top where it finds new selling pressure, which pushes the price down past its last trough. A double top pattern has been activated when the price declines below the low point established between the two tops.
Range bound : 1650 - 1970 zone [ Uday Kotak resigns ]On the weekly TF, Kotak Bank is range bound within ~300 points range.
KOTAKBANK - Weekly AnalysisIn the Weekly Chart of KOTAKBANK ,
we can see that, it has mad a Decision Making Candle.
Possible momentums are shown in charts.
If it breaks the Candle's high, this will called as W Pattern breakout.
If it breaks down, it might test the lower levels again.
KOTAK MAHINDRA BANK go short Kotak mahindra bank is in downtrend. go short if you can and target as support levels. follow me 😉
KOTAKBANK 1782 TGT 1830STCOK HAS CONSOLIDATED FOR FEW DAYS HERE, WE can see some quick bounce back movement.
Bullish for 28% upKMB is a good bank
Ready to move up
Making good trending line
Head and shoulder charging
