KOTAKBANK trade ideas
KOTAKBANK : Going LongBased on data from December 2023, Foreign Institutional Investors (FIIs) hold 39.74%, Domestic Institutional Investors (DIIs) have 10.50%, and Mutual Funds maintain a 10.91% stake in the stock. Additionally, Promoters retain approximately 25.91% ownership. This significant interest from strong market players suggests a robust position for the stock.
Although financials and analysts' forecasts regarding price, revenue, and earnings per share exhibit mixed sentiments, institutional involvement, alongside the strength and resilience of management, the sector, and the business model, instill confidence in the stock.
From a technical perspective, the price has been consolidating within a certain range, with notable support at current levels. Consequently, I've taken two positions at different intervals, both around the same price levels, totaling 2.5% of my net capital. I anticipate a potential 24% move towards the target levels, which aligns with the high of the parallel channel.
I don't plan to increase my stake in the stock unless my capital increases, as this allocation represents the maximum permitted for an individual stock based on my trade plan.
Feel free to follow me for updates on my positions and market insights. Additionally, I welcome your feedback and opinions in the comments section below this post.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
Kotak looks bearish The candle stick pattern indicates that its bearish for now and you can see the price action of this stock its barely have any volume and no one in the long term wants to hold Kotak stocks I guess
KOTAK MAHINDRA BANK PRICE ANALYSISStrong buy recently done by the institutions (DII) are increasing the steak in this Stock and we can see there is some bounce back in price as well as rsi from Same Level and With Volume.
TREND IS SIDEWAY WHICH MEANS YOU NEED TO HOLD WITH PATIENCE.
buy Level 1600
sl 1540
NOT A BUY OR SELL RECOMMENDATION..
Kotak Bank - Long term value buying lifting the price up !!!After huge fall due to RBI action created good value buying in a good bank which is not available in any other bank share right now. Bank has also taken steps and any time they might approach RBI and clear the very small issue they are facing now. may openly said kotak is having so many business and this RBI action really do not affect this bank and more over with in 6 months they will fix the issue reported by RBI.
Breakout in Kotak BankThe stock is ready for a comebackkk
targetting an uspside till 2000 levels in a medium term
KOTAK MAHINDRA BANK 21 MAR 2024 ANALYSIS KOTAK MAHINDRA BANK
Cmp :- 1767
Traget 1:-1796
Traget 2:- 1855
Traget 3:- 1915
stop loss :- 1731
R/R :- 1:2
Expected return : 4-8%
For educational purpose only
as you can see in this chart price is following down channel from last 3 months now i believe that price breaks the upper trend line and follows the targets given
Kotak | Bearish Trend Kotak has broken a long time consolidation levels and broke 1650 with huge volumes which happened only once in the last few years ( zones marked in weekly chart)
On Monthly, it has broken the long time support of 1600-1650. hence it's highly probable that it will not rocket upwards from here. Another reason, too many coverage in media & youtube is done on this stock to buy at these levels
It has posted great results which might give it a temporary spike, but as per charts it looks bearish. Expecting another 100-250 points fall from here
It's a great company to won, but may be at much lower levels given market is giving the opportunity
PS: I reserve the right to be wrong. not SEBI registered.
The information on this platform/document is general and not financial advice. It is not a substitute for professional advice. Before making investment decisions, consult a qualified SEBI registered financial advisor to assess your unique financial situation and goals, as investing carries risks and past performance doesn't guarantee future results.
KotakMahindra BreakoutKotakMahindra Breakout, Resistance at 1487
It has given a breakout, positive sentiments with good returns
Kotak: Short term reversal (6 May onwards)On this Daily Chart, we can see that Kotak has made a recent swing low of 1546 on Friday after losing support from its 1650 level. The results were out yesterday and Kotak has announced 26% increase in profits beating the market estimates. This should potentially cause a reversal in price going forward. In the short term, price is likely to touch the 200D SMA (purple line) which also coincides with a trend line (in blue) creating an upside of about 15% from current levels.
Indicators:
1. The EPS chart shows solid growth while the P/E is almost at a decadal low of 16.9
2. The RSI has bottomed out both in the Daily and Weekly
3. The price hit the lower threshold band of Fibonacci Bollinger Band (solid green line) indicating a possible bottoming out of price
4. The price is currently below both the 50D and 200D SMA, indicating short term bearish territory
Risks: The current downtrend can also continue in the next week and the next visible support is at 1450 implying a downside of 6%
Strategy: Given the growth drivers and a ridiculous valuation of the bank, the price is sure to make a reversal in coming days. Watch for the price action on Monday, and based on lower time frame price action, take entry. If the price comes down, towards 1450 levels, it should be used as an opportunity to build more positions instead of thinking about Stop loss and exiting.
Happy Trading!
Kotak Bank LongBegin bottom fishing on Kotak Bank by initiating with a small quantity and gradually pyramiding as you progress.
Disclosure : I am not SEBI registered. 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 before taking any decisions
Just A View - Consolidation Breakdown - KOTAKBANK📊 Script: KOTAKBANK
📊 Nifty50 Stock: YES
📊 Sector: Banks
📊 Industry: Banks - Private Sector
Key highlights: 💡⚡
📈 Script is giving Breakdown of consolidation on Monthly chart, we may see some more bearishness into the stock.
⏱️ C.M.P 📑💰- 1551
🟢 Target 🎯🏆 - 1479
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
The long consolidation is overKotak CMP 1792
Elliott- the consolidation since the last 4 years to me is a triangle and is complete. The thrust out of such triangles are generally very strong.
The stock trading in a rising channel is telling me things are changing. RSI too is now oscillating in its bull range. Hence to me it is time to buy this large cap stock.
Will fall continue for Kotak bank? The stock is at important support level. Close below 1600 levels can pull the stock further down.
RSI near 30 and falling
Trading below EMA50
Volume spurt
Suggest caution in long calls !
Disc: for study, not a recommendation
Kotak Mahindra Bank HammeredNSE:KOTAKBANK shares have tumbled after RBI banned the private lender from taking on new clients digitally, due to IT-related deficiencies, raising concerns about the potential impact on the lender that relies heavily on online banking.
The current levels may act as a support but this firm stance by RBI is in line with the recent past actions on various other companies as well. This sector has the maximum headwinds currently and one should be careful of investing in these companies specially when opportunities elsewhere exist.
However, long term investors can start to accumulate this share if they want to have Kotak Mahindra Bank in their portfolio.
What's ahead for Kotak Mahindra Bank?Digital banking segment of Kotak Mahindra Bank is headed by Jay Kotak who recently made the headlines for his wedding recently. Similar ban happened with HDFC bank and price of the stock struggled to get back the momentum since then. The stock has been in this ₹1600-₹2000 zone since very long. Will it be able to sustain this or break this long time support? NSE:KOTAKBANK
Bullish Potential: Kotak Mahindra Flag Pattern ConsolidationDetails:
Asset: Kotak Mahindra Bank (KOTAKBANK)
Pattern: Flag consolidation
Consolidation Range: From February 2021 at 1600 to 2050
Breakout Level: Above 2150
Potential Targets: Projection based on the height of the flagpole or next significant resistance levels
Stop Loss: Below breakout level or as per risk tolerance
Timeframe: Medium to long-term
Rationale: Kotak Mahindra Bank has been consolidating in a flag pattern since February 2021, with the price oscillating between 1600 and 2050. The flag pattern is characterized by a period of consolidation following a strong upward move (flagpole). A breakout above the upper boundary of the flag pattern, around 2150, could signal the continuation of the prior uptrend and potentially lead to a significant upmove.
Possibilities:
Continuation of Uptrend: A breakout above 2150 may indicate renewed buying interest and the continuation of the bullish trend seen prior to the consolidation phase.
Projection Targets: Traders often project the potential upside move by measuring the height of the flagpole and adding it to the breakout point. This gives an estimation of the potential target levels.
Increased Volume: Confirmation of the breakout with increased volume would add further validity to the bullish scenario.
Risk-Reward Ratio: Depends on individual risk appetite and stop-loss placement.
It's essential to monitor the price action closely for confirmation of the breakout and adjust trading strategies accordingly.
kotakbankstock : kotakbank
trade : long (cash segment)
buy @ 1825 above
sl @ 1776
target 1 @ 1925
target 2 @ 1970
target 3 @ 2040
note :
this information for education only
long view about kotak bank -kotak bank range is 1960- 1650 this is sideways.
this long term view. Market has many stock in banking sector is sideways...
KOTAK MAHINDRA BANK - Bullish Momentum with VolumesNSE: KOTAKBANK is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Kotak BankKotak Bank one of the Classical Example of Accumulation & Distribution .
One Can Trade Based on Support & Resistance
Short term analysis of KOTAK MAHINDRA BANK.Dear viewers I am not a SEBI registered analyst and whatever I am sharing its my personal view, and this video is only of learning purpose.
kindly watch this video and share your view and support me so I can make learning video for you please subscribe to my page.
