A sharp rally on cardsThe stock is at trend line support as well as Fib support. A sharp rally is likely on the cards here. First will be 1850 and then back to the highs .
KOTAKBANK trade ideas
Kotakbank Intraday or 1 week HoldKotakBank seems good above 1754 for 1D or 1W hold, Banking sector is in positive mood we can say a good rally
KOTAK MAHINDRA BANK LONG POSITIONKotak Mahindra Bank at this price is best for investment.
Almost 20% down from all time high.
Can get this BLUE CHIP share in discounted price.
Consolidating in the zone from 2 years.
Kotak M Bank ( Looking good 💥) Add this to watchlist and wait for entry.👁️🗨️
For short term investment ;
Leave a " Like If you agree ".👍
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Wait for small retracement & daily candle to close above - " 1805 ".
Trade carefully untill ENTRY level.
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Entry: 1805
target: 1855 - 1950
sl: 1770 -1760
major stoploss/ support: 1758
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Enter only if market Breaks
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updates👍
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Refer over old posted idea attached below.
view only create with own risk its only trade idea orange line strong support resistant and yellow light
Kotak after view After view of kotak which was published week ago know the move of waves B wave is triangle here
should i expect like and subscribe on my work please? this would be great encouragement for my future publication.
kotak bank - long biasgood RR Visible, trendline breakout
can be a good long term bet, at support zone on monthly tf
$NSE:KOTAKBANK Time to SIP KotakBank for long term at bargainNSE:KOTAKBANK Time to SIP KotakBank for long term at bargain price
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
Kotak Mahindra Bank take support in 200 SMAKotak Mahindra Bank take support in 200 SMA, It also get support on a support zone from where it reverse back many time. It is its strong buying zone .Also the movement of stock price is very negligible during this year but the financials are very good so, there is a big chance to take support in support zone as well as 200 SMA and reverse Back to higher Levels.
kotak bank ranging inside wedge pattern on daily time frameNSE:KOTAKBANK seems to be trading in wedge pattern on daily timeframe if happens to break trendline of wedge in downside, may show a fall till second support,
first support (1670 zone) is at the bottom trendline of the wedge patterm from where kotak bank may move upside again if carries on the move inside wedge pattern
KOTAKBANK is looking weak. NSE:KOTAKBANK can show 1715 levels soon. It does not seem to be sustaining the current levels.
Kotak Bank - Intraday - 06.11.2023If trigger line crosses over 54.70, it may reach to 64.64, 20 to 25 Rs in cash.
If trigger line crosses below 47.20, it may reach to 35.26, 26 to 35 Rs in cash.
KOTAKBANK - IMPORTANT ZONE TO WATCH#Kotakbank #Trending #trading #StockMarketindia
▪️Kotak bank came to its consolidation support zone 1686-1625 levels one should wait for good Entry.
▪️If this levels breaks it will go next support near 1400 Levels.
#kotak next probable moveelliott wave analysis
Description:
Here i have applied elliott wave analysis
Analysis is understanding market trends through the lens of Elliott Wave Theory. 8
If you're new to trading or have heard of the concept but want a clear explanation, you're in the right place.
Elliott Wave Analysis is a powerful tool used by traders to identify and forecast market trends.
In this beginner-friendly tutorial, we break down the fundamentals of Elliott Wave Theory and guide you through the process of conducting your own analyses.
range bound trading EPS sales
Sep-23 16.06 +24% 13,507.4 +34%
Jun-23 17.38 +67% 13,183.3 +54%
Mar-23 17.39 +27% 12,007.2 +35%
Dec-22 14.06 +31% 11,098.6 +34%
huge undervaluation
KOTAK BANK Near Strong Demand ZoneKotak Bank is very close to a Strong Demand zone. Everytime the stock has approached this level it has given a decent upmove of around 18-20%.
Stop Loss: SL has to be a strong candle close below the zone marked on chart
Entry: Entries can be made around 1,640 - 1,650
Target: 2,000+
kotak bank base formation Kotak bank recently started to make base formation on the daily chart and also changed the down trend with ending downward slopping channel confirming the bullish momentum in the scrip. The scrip has visible support at the level of 1700-1710, where base formation is being created, hence, initiate position on this scrip for the target of 1850-60 and place strict SL at 1700.
kotak mahindra bank looks to have formed bottom 23-10-23KOTAK MAHINDRA BANK seems to have formed a bottom
1. Harmonic Pattern formed on daily chart with PRZ near 1690-1710 zone
2. Narrowing Bollinger Bands on daily charts
3. Price crossed above 20 SMA daily
4. Resistance at 1838- 1845
5. Positive Divergence on RSI --- Price formed new low but RSI is rising .
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Kotak bank at strong support lineStrong support limits the downside
Good quarterly result declared.
Great risk reward ratio
KOTAK BANK TRADING IN CHANNEL PATTERNRefer chart for details
Stock name : Kotakbank
Pattern : channel
Timeframe : Daily
Kotak Mahindra Bank is ready to fly in blue sky?Hello Guy's,
Kotak Mahindra Bank chart looking very attractive, we can see Falling resistance trendline breakout and pull back pattern, and it has formed double bottom kind of pattern too, and today Kotak Bank has posted September quarter result also, Results are mind-blowing, I will write it down here,
Sales has come 13717Cr, which is increased by 37% YOY
EBIDT has come 3581Cr, which is increased by 427% YOY
Net profit has come 4461Cr, which is increased by 24% YOY
EPS has come ₹ 22.45, which is increased by 24% YOY
So all parameter are showing a huge positivity for this ticker. Chances are high we can see gap up opening on monday.
ABOUT COMPANY:-
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.
Other parameters:-
Market Cap
₹ 3,51,707 Cr.
Current Price
₹ 1,770
High / Low
₹ 2,064 / 1,644
Stock P/E
20.5
Book Value
₹ 563
Dividend Yield
0.08 %
ROCE
6.86 %
ROE
14.2 %
Face Value
₹ 5.00
Debt
₹ 4,18,307 Cr.
EPS
₹ 86.4
PEG Ratio
1.06
Promoter holding
25.9 %
Intrinsic Value
₹ 944
Pledged percentage
0.00 %
EVEBITDA
17.6
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou
