Nifty View: With today's flattish move the benchmark Nifty has created somewhat like a “Spinning Top” on the daily time frame. This suggests uncertainty and incapability to hold onto the new life high. This failure was mainly due the underperformance that we noticed within the banking and auto stocks. We can also observe a price-momentum divergence on the daily...
Kotak Mahindra Bank Futures Hourly charts The candles have been taking but now they are too close to the support level which is at 1620. RSI is in the over sold range. I find this an interesting but to trade with stop loss below 1620
flage paten kotak mahindra bank fut.
KotakBank is looking weak on charts. Exit if you are long or Short Sell KotakBank between 1773-77 SL 1790 Target open. Hold this position for 5-10 Days. Disclaimer : Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades...
Explanation on the chart. The price seems to be rejecting lower levels very sharply and seems to be consolidating above the 200MA on the 1 hour chart. 1900 is also a psychological level that is acting as a good support over the last couple of sessions. I would consider the current price to be a good entry point on the stock with a medium term perspective and...
Short Kotak bank @ 1950 with stop loss @1968. Profit would be as per movement.
Retested a small support of 1854 Recent Breakout Level at 1806 Staying below 1806 it may test critical support of 1713 Remain bullish till stays above 1854 Cautious below 1806
Kotak bank fut - 30 min time frame Analysis CMP 1330 Short @ 1335- 1345 for Target 1326- 1313 - 1305- 1290+ SL above 1351 Candle closing basis
Kotak Mahindra bank fut CMP 1252 Price will open gap up Buy Near to 1255-1250 Levels SL 1230 Target 1265- 1280- 1290- 1300+
support n resistance for Kotak BNK for Intraday/Short term