Kotak Mahindra Bank LongPossible pattern breakout.
Currently show breakdown but pattern is bullish.
So, possible chance to upside move and breakout may happen.
KOTAKBANK trade ideas
Kotak gearing up for Visfotak Downside
Good day,
Hello Traders,
Kotak Bank the big giant of Indian Bank Industry is standing on the verge of downside.
Can come upto this level in case it breaches the level of 1629.
Time Frame: Weekly
It also depends how market behaves.
Chart Self Explanatory.
Disclaimer: I am not SEBI registered analyst; this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions.
If you really like the analysis, please do comments, LIKE and Follow me.
kotak bank possible last wave tried counting with different method without noise we may head up higher
#KOTAKBANKInteresting time for the bank
Move above 1730, activates further to 1783
Strict SL below 1687
KOTAK BANK hourly chartKOTAK BANK hourly chart
MOVING AVERAGE CROSSOVER--Bullish sign
if sustain above 1720 to 1725 level..
Those levels only educational purpose..
Kotak Bank at major supportyou may see double bottom and reversal from here
if it again Break low it may consolidate in lower range then again wait for direction
KotakBank Double Bottom RSI DivergenceDouble bottom pattern is formed on daily chart of KotakBank. RSI is making higher lows which is sign of RSI Bullish Divergence.
Entry
We can go long after close of strong bullish candle near 2nd bottom.
Target
Target 1 - will be the next resistance as marked on chart.
Target 2 - After 1st target is achieved and price breaks above neckline of W pattern then 2nd target will be next resistance zone.
Stoploss
We can keep stoploss below the double bottom support zone.
Please like and follow
intraday kotakboth 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
Long -Kotakbreakout + fibo + rsi
showing kotak targets at
1795-1800-1810
disclaimer - trade @ own risk
intradayboth side potential
Keep an eye on 200 EMA
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
Breakout very soon...Position - Long
Entry - 1780
Stop loss -1760
Target 1st - 1800
Target 2nd - 1835
Kotak Bank Head And SholderKotak Bank
Time Frame = Day
Pattern = Head And Shoulder Pattern
Pattern Type = Bearish
Kotak Mahindra Bank Kotak Mahindra Bank Intraday Trading Setup
A Classic #VCP Pattern Under Formation. If Breakout Come we can see good upside
KotakBank Make the RangeDate 10.2.2023
#KotakBank Closing 1772.05 made a range and #resistance of #Trendline and when cross the #Trendline with #STOPLOSS of 1740 and the #buying reason is #RSI is ready to cross 50 and #ADX is ready to #Bullish.
#KotakBank #range #Breakouts
KOTAK MAHINDRA BANK 2hr time frameKOTAK MAHINDRA BANK Looking good for upside..
When it break level 1785 and sustain.. it will go upside...
BUY KOTAKBK @ 1787
Target
1st 1800
2nd 1823
Enjoy trading traders.. Keep add this STOCK in your watch list..
Triangle PatternA triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears.
Script = Kotak Mahindra Bank
Time Frame= 15 min
Bounce from Key Support - Upmove?There seems to be strong demand zone both trendline wise and horizontally at 1630 levels, and an immediate target of 1980 seems a probably case ~ 12% move from here.
Good bounce from RSI 30 region in weekly, and MACD seems to be crossing bullish as well. The share seems to be priced on the lower end of the 10 year spectrum using PB ratio and PE ratios.
Not an investment recommendation, just for research purpose.
Thanks for reading :)
Kotak Bank Sell Positions* All the information shared in this chart is provided for strictly educational purposes only.
* This chart is sharing information are based on the theory of technical analysis .
* This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security.
* Back test yourself before jump into live market consult your financial adviser and use proper risk management.
------------------------------------------
Kotak Mahindra Bank Level's
------------------------------------------
4Hr Inverse Cup and Handle Breakdown.
Smaller TF SMC Selling Area make double top and making HL-HL Pattern
(Support Breakdown Level) Resistance-- 1761/1778
(Target) Support --1133/1063
Trade : Sell at 1761 SL 1780 (~ 19 Points SL)
Target will be 1711 (~ 50 Points)/1661 (~ 101 Points)
____________________________________________________________
Trading_Cafe24
Thank you :)
Kotak Bank LongKotak Bank is looking good for a long. You can buy the stock after the breakout of the trendline and hold it for the target.
