KOTAKBANK trade ideas
can touch recent highs.........kotak filling up fuel ...to touch recent highs ...
banks are looking good
KOTAKBANK CEREATING BEARISH MEGAPHONE bearish megaphone pattern. Megaphone patterns can tell investors a lot about a stock, depending on which direction they're going. They aren't the be-all-end-all for investment decisions, but they can serve as a solid technical indicator in a market that's pushing and pulling.This means that it can happen when a subsequent ascension (that's higher than the first) occurs after a downswing. Meanwhile, another descension (that's lower than the first) occurs after the upswing.
The megaphone pattern ends when the following upswing or downswing doesn't exceed the one before it. NSE:KOTAKBANK
Kotak Mahindra Bank - Triangle Pattern Wait for the breakout and take positions. The results were good so we can expect a breakout.
Target will be - 2145-2150
Stoploss - 2040-2035
If you can add something to the Idea that will be great. Thank you
KOTAK MAHINDRA BANK GOOD LEVEL FOR BUYKOTAK MAHINDRA BANK is the good level for the buy. the share triple top brackout done and after brackout pullback at the previous resistence level, you should buy this level for very small stop loss
Kotak bank above 2132 is bullishKotak Bank above 2132 is bullish and we can go for long especially for NOV MONTH futures
Kotak Mahindra Bank StructureIdeal swing trade entry setup here in Kotak Bank. Price recently broken out of a major stage consolidation region, and has now retested the breakout level. Now it is adhering to a bullish trend channel and is at the demand line presently, a safe entry with minimal risk can be initiated here.
KOTAKBANK Levels for 08-NOV-21(Intraday) Buy above 2065 for 10,25,50+++
Sell below 2045 for 10,25,50+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
KOTAKBANK RISK REWARD 1:2BUY CMP
SL-2113
TGT- 2408
TAKE MIN RISK REWARD 1:2
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Kotak Mahindra Bank Looks GoodThe stock is very close to its support levels. I believe it can be a good place to add on to this.
FLAG & POLEA Bear Flag And Pole Pattern found in Kotak Mahindra Bank in 30 Min tf.. Be Cautious if are in long position in bank nifty.
Kotak Bank Positional On Daily Chart - Cup and Handle formation completed hence entry above 2045
SL 1945
Target 2245
KOTAK BANK UPCOMING MOVELook at the chart updated today.
1. Kotak has completed 5 wave in daily time frame.
2. Its in 3rd wave of A (downmove)
3. May have completed 3rd as it is extended more than 1.61x of wave 1.
4. We may see the move of Rs. 15-20 upside for 4th wave shown in the chart.
5. We may continue our down move after that.
Please do your own analysis before doing any trade.
Your like motivate me to do daily analysis of the chart.
You can even suggest the stock for analysis.
Regards
Kotak Bank Short TradeAxis Bank Short Trade identified..........................................................
Blue-chip stock BreakoutAll time High
|
Retracement
|
Consolidation
|
Shake out
|
Volume expansion
|
Breakout
Stock consolidated for a long period of time.
If you check the Fib level's then Retracement is perfectly in line with level's too.
RSI showing perfect breakout too with 60+ level.
MACD already indicated Positive crossover.
Stock is heading for All Time High again.
This kind of consolidation after strong rally is Best possible case scenario for any kind of stock.
Stock might outperform here on.
NO Target's Given. Keep Holding the Stock with Tarling STOP LOSS.
As of now Stop Loss is 1734 (200DEMA) on closing Basis.
#kotakmahindrabank. Breaking out from resistance The stock has broken out to create all time high levels from a previous resistance zone that was tested earlier multiple time this year.
It is currently walking on Bollinger band after a squeeze breakout seem to be bullish.
Momentum is good on all timeframes and ADX trend strength is see rising up which is bullish.
Banking sector as such is very bullish same time. Keeping the breakout neckline as stop loss swing/positional trades could be made
with entry on a Small retracement candle or above previous candle high if aggressive.
KOTAKBANK : BREAKOUT Fresh Buy at CMP as NIFTYBANK is Looking good | accumulate Kotak bank for positional and long term also
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
KOTAK MAHINDRA BANKWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
