Kotak - Slow but Stable HorseThis stock hasn't given good upside since Jan 2021 however with a strict weekly closing SL of 1630 can pay off really well. Any view?
KOTAKBANK trade ideas
Trading in Channel from 2.5yrsKotak bank is trading in the channel from 2021 till date.....
Upper Price - 2000
Lower Price - 1685
If close above 2000 on the Weekly chart, can be considered as channel breakout.
Buy at 2010, SL 1815.
NOTE: Please maintain good Risk to Reward, as per your risk appetite.
Kotak bank- Counter trend tradeThe thing with taking a counter trend trade is, there is a very high chance of trade failing, but if it works, risk reward can be really good
-Kotak bank is in a slump since long time, but it is trying to form a bottom in my opinion
for building positions, i recommend taking 50% entry above 1783, and 50% above 1789, keeping a sl below 1754
do not risk more than 1% of your account in this trade.
Correction in KOTAKBANK. FLAT (or) TRIANGLE Wave.Elliott Wave Analysis:-
Due to some management changes in bank there are certain fundamental changes taking place. Let the cloud get cleared, until that we wait for the clear sky.
View1:-
triangle pattern.
B wave was formed.
Once C,D wave was formed then we can enter into the trade.
until that we watch the wave formation.
1631 as stop loss we enter into the trade.
once the breakout was completed in upper side we trail our stop accordingly in between waves.
View2:-
Flat correction.
Once it break 1631 then flat correction is confirmed .
Almost B wave was seems to be over.
it may reach 1570,1436, 1267, 1051 will be the support level.
Wait and watch until there is a clear wave formation.
I'm not a SEBI registered advisor.
Kindly consult your financial advisor.
Kotak Mahindra Bank- Stuck in a range--Keep in a watchlist---take entry once it makes a breakout and close above or below in 1 hour time frame.
SL will be decided based on breakout direction.
Note:-Only for educational purpose.
KOTAKBANK: LONG SETUPKOTAKBANK: LONG SETUP
Levels mentioned on chart.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading
Kotak Mahindra Bank - Long
Levels to watch for is , 1961, 1963, 1967 and closing price of 1971. If these levels are maintained nothing to worry at all.
Kotak Mahindra Bank at a crucial Level. If doesn't break level. Can give big returns in the long run.
But trade cautiously. Don't be in haste. Price is below 200 SMA in 1H Chart. May use combination of 5EMA and 34 EMA. But when 5 EMA crosses 34 EMA from below.
Disclaimer: I am not a SEBI Registered Analyst. It is just for educational purposes. Please consult your Financial Advisor before making a decision.
Kotak-Bank- Double TopThe breakdown is possible below support- 1750.
A double top is a pattern for two successive peaks, which may or may not be of the same price levels. The pattern looks like an M. A double top pattern occurs when the stock fails to continue the uptrend in its second attempt as it meets resistance to pressure from sellers at its highs. In a market rally, sellers suddenly take control and push the price downward. Price begins to retreat to a level that is considered attractive for buyers. The buyers enter the market and push the price up to make a second top where it finds new selling pressure, which pushes the price down past its last trough. A double top pattern has been activated when the price declines below the low point established between the two tops.
Range bound : 1650 - 1970 zone [ Uday Kotak resigns ]On the weekly TF, Kotak Bank is range bound within ~300 points range.
KOTAKBANK - Weekly AnalysisIn the Weekly Chart of KOTAKBANK ,
we can see that, it has mad a Decision Making Candle.
Possible momentums are shown in charts.
If it breaks the Candle's high, this will called as W Pattern breakout.
If it breaks down, it might test the lower levels again.
KOTAK MAHINDRA BANK go short Kotak mahindra bank is in downtrend. go short if you can and target as support levels. follow me 😉
KOTAKBANK 1782 TGT 1830STCOK HAS CONSOLIDATED FOR FEW DAYS HERE, WE can see some quick bounce back movement.
Bullish for 28% upKMB is a good bank
Ready to move up
Making good trending line
Head and shoulder charging
Buy opportunity at good Risk to reward Support at 1750-1760
Logic -1. Gap filled
2. demand zone
3. Over sold
Target - 10EMA,
20 EMA
1820
Inverted Head And Shoulder In KOTAK BANKInverted Head And Shoulder In KOTAK BANK
LONG KOTAK BANK
Targets- 1786 1792 1800
SL HEAD BOTTOM - 1746
buy kotak bankit has form AB=CD hormonic pattern. it may retrace till 0.38%-0.61% of point CD. view negated below 1737 closing basis
Kotak Bank Near Support ZoneKotak Bank is trading in sideways channel and is currently near a support zone of the channel. This presents a potentially good opportunity for a swing trade.
Entry:
For entry, it is recommended to go long after close of strong bullish candle near support zone.
Stoploss:
To minimize risk, a stop loss should be placed below the support zone, with some buffer to avoid stop loss hunting.
Target:
As for the target, it is advised to aim for the next resistance level as indicated on the chart.
Thank you for considering this analysis, and feel free to follow for more insights.
Fully demand area in kotakabankif stock prize cross 1840 level then we go for buying side . we can trade with small stop loss and reach high reward. According to me it should go above this level.. its my analysis in the stock .,what are you thinking about this?
7% Gain in Short term - KOTAK BankStock has corrected after publishing very good results. Mostly HNIs / Operators are accumulating it. Earlier also, it was consolidated at this level and gave a run up till the neckline of a bigger CWH pattern. There is a high possibility that it will retest the neckline. It may or may not give a breakout. So 7% gain can be expected in short term.
Bearish on KotakBankGood possibility of Kotak Bank falling further, more possibility of achieving this in next few weeks. Levels mentioned in chart
Buy Kotak Mahindra BankBuy with the target of 1962 while keeping the stop loss at 1815 levels.
Upon Breaching stop loss on daily closing basis, a short position can be opened with the target price of 1762 & 1690 levels.
This is for education purpose only, please do your own research before opening any trade.
