KOTAKBANKKOTAKBANK about to break out of flag N pole pattern on hourly charts with good volumes.
Could be bought with mentioned stoploss & target.
KOTAKBANK trade ideas
NOT TO BE MISSED BREAKOUTKOTAKBANK buy above 1904.
KOTAKBANK made flag n pole pattern & broke out of it in yesterday's session,
But couldnt get past 1904(previous swing high)
If it manages to break past 1904 then its a not to be missed buy with mentioned stoploss & target.
KOTAK BANK TO HIT 1850 RANGE IN COMING MONTHSNSE:KOTAKBANK kotakbank seems very bullish on major timeframe and can blast in coming weeks upside once it gives closing /stables above current resistance og 1761/1765 on daily timeframe.
current support zone are 1753/1750 and 1743/1738.
if we breach 1738 downside then we will have to wait and see plan the next plan of action accordingly.
Bullish zoneActually it's buy on dips stock, there is big demand zone around 1600 ₹ , longer term investor should definitely start buying this area, we can seen some supply around 1950₹ to 2000₹
When we cross thi9 zones then we can see sharp bounce first target is 2200
KOTAK MAHINDRA BANK intraday levels setupNSE:KOTAKBANK KOTAK BANK is bearish on major tf, should be going down to touch the target level zone, if breaks above 1713, wait for retest and then only go long for above marked target zone with strict risk management.
KOTAK BANK case studyDemand zone as per previous swing low
Bullish wolf wave pattern
RSI at historical support zone
KOTAKBANK - Weekly AnalysisIn the Weekly Chart of KOTAKBANK ,
we can see that, it showed a strong recovery from 1650 levels.
Let it retest next week and the enter with SL and Go Long for 2 years.
KOTAKBANKKOTAKBank broke out of descending parallel channel with good volumes on hourly/daily charts.
Could be bought with mentioned stoploss & target.
Profit booking possible, RR 1:41560 is a resistance and there is a high probability of profit booking from this zone. keep this in radar.
good diversion form also good fundamental bank its to higher possibility to move good volume and chance to less time good return
kotakbank breakout and retest#kotakbank 1710 big resistance is break
last 1-Day 16.16% changing open interest
last 5-Day 10.58% changing open interest
buy #kotakbank at 1710-1713
place stoploss at 1700
first target at 1740-1743
second target at 1755-1760
#thank you
Kotak Mahindra Bank Short Trade Setup!Triangle Pattern Appears On Daily Chart, Upper Trend Line Act As Strong Resistance And Rising Selling Volume Seen On Chart. Sell ~ 1682, With Stop ~ 1723, Target ~ 1560. Expected Target April Expiry.
KOTAKBANK in Bear's Radar ??!!!Chart patterns look impressive and paves way for the above titled opinion
REASONS
1. KOTAKBANK has been trading inside ASCENDING CHANNEL(Bright red and green trendlines) taking support and resistance at perfect levels till now.
2. Currently it is going under the down swing move inside the ascending channel .
3. In daily time frame , it looks like a Bearish Pennant in process yet to break.
4. Target & SL levels as mentioned (dashed yellow horizontal lines)@ chart.
5. It may take support @ Green line( 10year old strong support from 2014 ) (channel support) soon.
6. In addition to the above mentioned points, A GAP remains UNFILLED till now.
7. Gap often gets filled .....there is a chance for that to happen... .let's stick with our targets and trail our SL!!!
8. Better to enter after a day or at least 2 hour Breakdown out of the Yellow trendline .(as shown below)
Let's wait & watch how it moves!!!!
Note- Just Sharing my view....not a tip nor advice!!!!
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading book
Which Pattern will you chooseScrip is at an inflection point
Falling wedge on each shoulder of the HnS pattern.
Any side trade
- whether breakout from falling wedge; or
- breakdown of HnS
would be very rewarding in coming weeks....
Happy trading!
intraday
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
WILL KOTAK SUSTAINS ITS LINE OF ACTUAL CONTROL??Trade Wisely. We Can Just Predict.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
If you love my analysis Like And Share wherever you want..
Kotak Mahindra BankThis video is only for education purpose. It shows that how any swing trader can make a position in combination of support and resistance level and regression channel.
We have analyze Kotak Mahindra Bank on daily chart. Bank is showing one way fall from INR 2000 to 1650. It is clearly shown with sliding regression channel.
After touching 1650, stock goes up to 1693. One can make long position if and only if stock breaks upper limit of regression channel on daily closing basis.
Note : - Please take your position after consulting SEBI registered investor advisor or analyst.
KOTAKBANK 1D (20 MARCH 2023)NSE:KOTAKBANK
SUPPORT LEVEL :1649:
All important levels are drawn in the chart.Work with risk reward ratio. not taking a trade is also a trade.
A trade cant change anything keep in your mind,if you think one trade can change your life then you are doing gambling in the market.take calculated risk.
this is only for educational purpose. before taking trade take advice from your financial advisor.
KOTAK MAHINDRA BANK is at major supportKOTAK MAHINDRA BANK is at major support and price near 200EMA on weekly time frame closing below 1625 will trigger more fall
"KOTAKBANK" on positive reversalNSE:KOTAKBANK is trying to breach 0.5 Fibonacci levels, and if succeeds to close above that level we can see short term upside in the stock.
Target 1 = INR 1778.40
Target 2 = INR 1803.60
Stop Loss = INR1717
The analysis is based on the Fibonacci numbers, MACD and other technical indicators involved.
Disclaimer : The following information is for educational and informational purposes only and should not be construed as financial advice or a recommendation to buy, sell or hold any stock or investment. Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume . However, the future performance of a stock or investment cannot be guaranteed based on technical analysis alone, and other factors, such as economic conditions and company fundamentals, should be considered when making investment decisions. Before making any investment decisions, please consult with a licensed financial advisor and conduct your own research to determine if an investment is suitable for your individual circumstances and risk tolerance. Past performance is not indicative of future results, and investing involves risk, including the possible loss of principal.{/i]
KOTAK BANK Head & Shoulder PatternHead & Shoulder Pattern is a trend reversal pattern and is seen on uptrend, indicating the end of the uptrend is near. A neck line (support line) need to breach along with fallow up selling volume confirms the strength of the trend. In KOTAKBANK currently such a formation is seen on weekly chart. Still the support line is not breached and stock is trying to reverse from bottom. Need to keep a close watch as once this support line get breached along with decent volume a trend reversal can be confirmed. Traders need to wait for weekly closing below the support line, some traders wait for one more weekly candle to be closing under the support line as an additional confirmation. If stock reverse above right shoulder the pattern will get invalid or in another words stop loss will get trigger. Keep watch Keep Learning
Hammer PatternHammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow.
The hammer candlestick occurs when sellers enter the market during a price decline. By the time of market close, buyers absorb selling pressure and push the market price near the opening price.
The close can be above or below the opening price, although the close should be near the open for the real body of the candlestick to remain small.
The lower shadow should be at least two times the height of the real body.
Hammer candlesticks indicate a potential price reversal to the upside. The price must start moving up following the hammer; this is called confirmation.
Script = Kotak Mahindra Bank
Time Frame = 15 min
