KOTAKBANK trade ideas
KOTAKBANK Swing TradePrice getting Support at 50 Month Moving Average.
Doji followed by a Bullish Confirmation Candle.
Expecting a 1:3 Risk: Reward trade.
Not a recommendation.
KOTAKBANK | Swing Trade📊 DETAILS
Sector: Bank - Private
Mkt Cap: 369,780 cr
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.
TTM PE : 21.53 (Low PE)
Sector PE : 25.39
Beta : 0.91
📚 INSIGHTS
MC Insights PRO
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
9.88% away from 52 week high
Underperformer - Kotak Mahindra Bank up by 6.58% v/s NIFTY 50 up by 7.76% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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KOTAK BANK 2000 Target possible in next 30 Trading sessions.KOTAK BANK 2000 Target possible in next 30 Trading sessions.
Based on the CUP Pattern formation 2000 Looks possible soon.
Happy Investing.
kotak bank forming head and shoulder kotak bank forming head and shoulder . But it can be bullish for mid to long term bcoz of two major triggers left like intrest rate cut and eletions. First target for mid to long term would be 2000 and then 2300
KOTAK BANK: SYMMETRICAL TRIANGLEStock is under formation of a symmetrical triangle pattern. Stock is holding above it's 200 EMA on the weekly chart. A sustained closed above 2060 will be considered as a confirmed breakout of the pattern which shall take the prices towards 2800 zone in the coming months.
Kotak bank 1840 CE Jan expiryAs per 4 hr time frame, bounc back likely to come in kotak bank, 1860 and 1880 levels can come in coming week, other banks SBI, ICICI BANK AND HDFC BANK are looking to participate in the rally, so, 1840 CE Jan expiry available at Rs 29 can be traded when price action came into banking sector.
Kotak Mahindra Bank - Range ConsolidationKotak Mahindra Bank Limited offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side.
Book Value Per Share: 562.55
Dividend Yield: 0.08
TTM EPS: 86.40
TTM PE: 21.12
P/B: 3.25
Sector PE: 25.38
Positives:
Company with high TTM EPS Growth
Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
Efficient in managing Assets to generate Profits - ROA improving since last 2 year
Growth in Net Profit with increasing Profit Margin (QoQ)
Increasing Revenue every Quarter for the past 4 Quarters
Annual Net Profits improving for last 2 years
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE
Brokers upgraded recommendation or target price in the past three months
Decrease in NPA in recent results
Mutual Funds have increased holdings from 9.45% to 9.63% in Sep 2023 qtr.
Negatives:
Declining Net Cash Flow: Companies not able to generate net cash
Seems to be overvalued vs the market average
Lagging behind the market in financials growth
Net Profit TTM Growth % - Low in industry
Price to Book Ratio - High in industry
Promoters have decreased holdings from 25.94% to 25.93% in Sep 2023 qtr
NOT A RECOMMENDATION. JUST FOR EDUCATION.
KOTAK MAHINDRA BANK Side base for 8 JanSide base range from 1839-1866. For swing trader don't enter here wait for 1878 range breakout. then we have a good target of 1900.
Resistance: 1900
Nothing mush interesting this chart.
kotak bankkotak bank intra day or 2 days swing trade for targets of 1885, 1900
with a StopLoss of 1858
entry above 1864.8 - 1865
KOTAK BANK - targets 2200 plusKOTAK MAHINDRA BANK - price is 1865
Kotak mahindra bank ,the biggest and unique in its way of working now may act as a proxy to Bank Nifty for playing for upside gains.
1850 levels are very strong supports on monthly and weekly time frames.
these would act as pivots for buying for 2050 and 2200 levels since Bank Nifty is trading at all time highs, also HDFC, ICICI, AXIS all big pvt banks are trading at all time highs.
so buying should be initiated at 1850 for the targets of 2200.
also this stock may safeguard the capital invested in times of declines in the NIFTY - BANK NIFTY and the markets in general.
thanks
KOTAK MAHINDRA BANK Intraday Trendline Break Down 29 Dec 2023Today KOTAK MAHINDRA BANK is bearish.
Support Area: 1857-1861
Intraday Resistance : 1907-1905.95
When price near intraday resistance with bearish confirmation we can short and trail Stoploss.
Thanks,
Kaustav Hazra
Kotak Bank can be a great add @ 1735Hey all !!
As we can see the charts KOTAKBANK is at perfect support formed by its channel running from a very long time
TARGET - 1835 / 1900 / 2000 / 2500 / ++
STOPLOSS - Maintain a STRICT stoploss as per your risk
NOTE - TRADE AT YOUR OWN RISK
NSE:KOTAKBANK
Kotak Bank Long !Kotak bank is trading in its 3 year consolidation range and with recent price action it seems some buying interests is coming back if its breaks its resistance levels then soon it can clock to to it life time high.
Kotak bankKotak Bank
After Consolidation On monthly Candles
Stock is ready for 2000+
Once Cross 1910
Invest
KOTAKBANK - Cup & HandleKotak Bank is in a Rectangle Channel on Weekly Charts, while on Daily chart a potential Cup & Handle formation is seen. With 20 DEMA crossing 200 DEMA making a positive crossover. There could be a possible breakout of Cup & Handle pattern breakout in near sessions. Buy @ 1850 with a Stop loss of 1687 for the short term target of 2075.
The short term trend in up and intactFib Analysis- the pull back halted at 38.2% from a higher zone. Hence this was just a shake up. The short term remains up and strong.
Candlestick- Key reversal at the Fib confluence at 1812. An Indication of reversal.
RSI- At price support the oscillator has taken support in bull zone.
MA- the stock is above all the three MA is very positive,
Conclusion- it will find resistance at 1860 and then 1890
Kotak bank 28 dec to 10 january target 2050Hi friend
Kotakbank 2000 ce january 2024
15 guna capital hong
kotakbank 2000 ce january buy price 5 to 11 rs.
target 100 Plus
40 Days
Maine 1 lakh rs CE call me lagaya hai me 10 lakh plus profit book karunga 10 january 2024
note: eeducation purpose only
no buy sale tips
baki mere student hai or jisko technical samaj padta hai usko pata hai me ok
KOTAK MAHINDRA BANK - 1DKotak mahindra bank have given a beautiful breakout and volumes are also good and stock has crossed 20 ema. Stock has taken support from it's majormsupport we can see a good upmove
Wave 3 incomingKotak bank has an new impulse cycle on primary degree of which wave 2 has retraced wave 1 by 80%(price level coming around 1750).Also this wave 2's sub-wave A's 100% projection for sub wave C from sub wave B top is coming at 1740.
Stock in today's session has managed to hold this level's and is making new high's through out the day.One can initiate long at CMP of 1769 with SL of 1735 for a target of 1880++.
Disclaimer:Analysis posted here is for my future reference,no position should be taken solely on its basis.
Again a inverse H&S breakout but this time in a index stock Inverse H&S is spotted at Kotak bank. It has not broken out yet but shows some one is buying the stock as per the volume analysis.
Breakout level :- 1785
Targets :- 1828/1860
Stop loss :- closing below 1730 on daily timeframe.
Kotak Mahindra buy on dip 1680 not break 1840, 1980 , 215TargetOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
$NSE:KOTAKBANK Generate Passive Wealth. SIP when herd is fearfulNSE:KOTAKBANK Generate Passive Wealth. SIP when herd is fearful.
Do your own research before investing or trading in any stock or indices.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
