Trend Line breakout Banking stockBuy Kotak Bank 1785-1800
SL 1690 (90-100Rs SL)
Target 1: 1966
Target 2: 2146
Plane position as per your risk reward capacity
K O T A K B A N K KOTAKBANK fut breaking multiple resistance zone of 1798-1800 with good OI on an hourly TF.
Could be bought with mentioned stoploss & target.
Option Data Analysis Intraday.KotakBank is trading near 1769 with highest put writing @ 1760.
HDFCBank is trading near 1567 with highest put writing @ 1560.
As long as this 2 banks dont close below 1760 & 1560 respectively on min 30 TF there are chances of Banknifty + 2 banks bouncing back from here.
Can buy Kotakbank 1760 C
kotak bank crucial update blwshort term positional--------- buy kotak bank 1770@ or come 1764 sl 1749 tgt 1800++++ yesmade on daily chart looking hammer pattern with volume and also double bottom suport indicate it will fire for short term
C U P & H A N D L E Kotakbank is in the process of making cup n handle pattern on hourly charts with good OI build up.
Although it hasnt confirmed yet but i am pre empting that it ll.
Could be bought here or above breakout level of 1886 with mentioned stoploss & target.
Option Tradders can buy 1860 ce .
R O U N D I N G B O T T O M F O R M A T I O NKotakbank Fut made rounding bottom formation on an hourly chart with decent OI build up.
Could be bought above neckline of 1886 with mentioned stoploss & target.
Not to be missed breakout.
KotakBank - FUTUREThe stock is trapped in a range and is on it's support level as of now.
We can expect and upside of around 7%.
Target - 1978-1988
SL - 1815
buy nifty 18830 or kotak abnk abv 1838 tgt 2000--18950-19120buy nifty 18830 or kotak abnk abv 1838 tgt 2000--18950-19120 looks sharp recovery from here
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for KOTAK MAHINDRA BANK FUTURES is Oct 31, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell KOTAK MAHINDRA BANK FUTURES before Oct 31, 2024.