KOTAKBANK trade ideas
Kotak bank 1749 #GHC3BARDECIDER Kotak bank 1749 #GHC3BARDECIDER
Overall banking is bullishbat moment, kotak bank still have to catchbup nd expect good upmove in coming days
KOTAKBANK Levels for 05-AUG-21(Intraday) Buy above 1755 for 7,15,30+++
Sell below 1740 for 7,15,30+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
KOTAKBANK - Price and Trend SetupPrice has moved up breaking short term downward trend line while taking support of long term support line. Breakout is supported by above average volume and candle showing strength in price moved throughout the day. This could start a fresh upward move from here.
kotak mahindrakotak mahindra bank bounced back and gave a closing above 20 ma volumes are also looking good trendline breakout
[Short Term]Wedge Pattern Breakout in KOTAKBANKIn today's bullish rally KOTAKBANK gives breakout of wedge pattern. This breakout indicating further upside movement in this stock. After this breakout expected next target will be 2045+ in short term. Good to go long in KOTAKBANK above 1750 level with immediate target of 1830 and 2045+.
KOTAK BANK good long candidateKOTAK bank spot cmp 1630
Bullish wolf wave formation
multiple support around current levels
Good long candidate
KOTAKBANK #Watchlist
#KOTAKBANK (4TF):- 1740 CMP, Looks good above 1760/1765 for more upsides :)
1) Breakout Candidate :)
2) Volume Breakout
#Disclaimer:-I just shared view for only educational purpose.
#Stockmarket #KOTAKBANK
KOTAK - Triangle BreakoutEye 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 breaks the TriangleKotak 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
KOTAKBANK showed good move todayNSE:KOTAKBANK has shown good move today. Volumes are also fine. Very soon we can see 1715 levels.
Kotak at Support Level + EarningKotak Bank CMP 1702
Buy at 1700
SL 1680
Target 1800
Duration 1 Month
Please Note: This trade will have a huge impact by the earnings in a short run. But its a good bank for long term portfolio holding.
KOTAKBANK to bounce back? | CHART#17Kotak 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 Other Banking Business.
*Stock Analysis*
1. Kotak Mahindra Bank witnessed a decline in price after reaching its all time high.
2. Prices are consolidating to 1700 levels which is a good entry point for the stock as the stock was trading at that levels during pre-COVID times.
3. Kotak Mahindra Bank is a fundamentally good company which is consistently making highest ever profits, but the share price is not trading at the highest ever price. This mismatch will be corrected soon.
4. Technically Kotak Bank is making a triangle-pattern with base at 1700 level.
5. Stock price is below 200,50,20 Moving averages which can be used for taking entry.
6. Good Entry point for long term investors also.
*Important Levels to Watch*
-- Entry @ Current Market Price ( 1700 range)
-- Target @ 1803 | 1889
-- SL @ 1640
Notes :
Better to hold on to the stock as the rebound can happen any time!!
▢ Feel free to suggest your view on this as learning is earning here.
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Good Luck Investors❗
-- GokulHari
❗❗ Disclosure : I am not a SEBI registered analyst. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this suggestions. Consult your financial advisor or do your own analysis before taking any decision ❗❗
TRENDLINE BRAEKOUT IN KOTAKBANKTrendline Breakout can be seen in Kotak Mahindra Bank, can be a good positional pick at CMP for the above given targets in the chart OR let the 1D timeframe candle close above the 1813.25 level, may show some good upside movement after being stuck in the resistance trendline for a long time. 2050 is the ultimate mid term target.
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS.
KOTAKBANK Levels for 03-AUG-21(Intraday) Buy above 1675 for 7,15,25+++
Sell below 1660 for 7,15,25+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Kotak Bank (symmetrical triangle pattern) LONGAs you all can see there is a symmetrical triangle pattern forming in Kotak bank which can lead to a break out on either side but as you can see that 1626 recently acted as a strong support and it has taken support on the trend lines down side 4 times and upside trend line it has acted as restitance 4 times , so if it break above 1730 we can see a strong breakout in Kotak Bank in august expiry , else if it acts as resistance again it will retest the support of the trendlines again , so keeping stop loss as 1625 and first target as 1730 and if it breaks we can again test the ATH ;).
Hope it was helpful for some of you :)
Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade. This is completely for educational purpose
Bullish RSI divergence in 45 min & lower tomeframesThe violet line is the RSI plotted on the price chart itself.
Yellow circles are the lows of the RSI.
Blue circles are lows of the price bars.
Once can clearly see that there's an RSI divergence. Price is making lower lows but RSI is making higher lows.
IF price closes above 1670 in a 15 min candle : Go long -----target- 1700
If price breaks below 1650: Go short -------target- 1620
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Also if one can see...after forming a double bottom..price has given a breakout @10:45 on 30 July
