KOTAKBANK trade ideas
KOTAK sell for intraday tradingKOTAK sell for intraday trading if stock and BANKNIFTY was also weak then we will enter in trade............
kotak mahindra to go shortif1 candle gets closed below .184 mark..it will touch .5 and .8 mark . for study purpose only
Kotak forming a Trend lineIn a weekly timeframe, Kotak is forming a trend line and with the right strength in BankNifty, this may give a good breakout.
Above 1825, the stock may give a good run.
Maintain a healthy and calculated stoploss...!
small positiontook very small position in this
bought at support
sl is hr candle closing below support level
MY BUCKET FOR JUNE UPDATEI have added Kotak Mahindra bank to my list. In HDFC LIFE target has been achieved. all the best. take care.
Buy KotakBankBuy Kotak Bank at 1824 Stoploss 1814 Target 1842
Banks seem to be turning up but don't hold overnight positions
Kotak one more timeKotak still same level of 1825-35 holds .. and one more time is trying to attempt .. will be make it this time or will again retrace ??
Kotak - still 1830 area holds as resistancekotak - still holds upper line as resistance , weekly close above 1830 can open doors for upside however as of now it seems like lower bands are slowly shifting up.. possible after rate hike in India banks will give a breakout on upside. near term support 1700-1680
strong support 1500-1520 and 1400-1420
expect to trade side ways in range of 1680-1840 till a break out on either side.
we have here is a sign to sell in the long termwe have here is a sign to sell in the long term
Please respect the stop loss and take profit
KOTAK BANK LONGKOTAK BANK LONG
Expecting a long move in short term view after it sustains above 1800 levels.
No recommendations. Its based on Chart pattern.
Kotak mahindra bankThis bank was building bullesh flag or channel chart pettern in 1 day time fram wai for breakout and retest
KotakBank good for LongKotakBank is one of the strong banks and with good balance sheet
It is in a demand zone and near 200 MA
Good to buy for short term target 1900, 2000+
Once resistance is crossed can expect to each 3000+ in long term
Accumulate in dips.
KOTAKBANK ANALYSISCMP:1727.75
Descending Triangle Pattern
Support: 1690
Downside Target: 1640-1655
If it breaks the trendline for upside(very low chances)then
Upside Targets: 1819, 1836, 1905, 1942,1975
kotakbank at rock bottom support kotakbank reversed from support level of 1700, is heading towards a good upmove further , risk reward is in favour , less to loss, much more to gain
KOTAK BANK LONGKotak Bank reversing from a very strong support zone.
Only go long in this stock if BANK NIFTY sustains above 36000 zone. If the bank nifty falls, we can see it falling smoothly to lower levels.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
short KOTAKBANKlook like we will be facing resistance from now on. anticipating a downward trend in KOTAKBANK .
Kotak Mahindra Bank - Long OpportunityI was looking at Kotak Mahindra Bank on 1h chart and price is at the buy zone as per ProTrader set up. A retracement to under 1788 is likely but I am of opinion price will attempt to reach marked levels eventually.
For the curious types, the levels are plotted automatically by my ProTrader script and I have seen the targets taken out on many occasions. That is the reason for my view.
Let's see how it pans out.
Users are always welcome to reach me.
Kotak BankKotak bank made rounding bottom & its trading above its last couple of weeks high with good volumes.
Could be bought with mentioned stoploss & targets.
Kotak bank trading ideasNow 1756 strong support and 1st tgt 1800 ; above 1840-1900 it will be strongly bullish and in long term target 2400 definitely to come this year I see. So long term investor can safely take it.
Kotak BankKotak Bank broke out of rectangle pattern on smaller time frame charts with decent volumes. Kotak managed to break past 1792-1793 level comfortably which was acting as a hurdle for past couple of sessions..
Could be bought with stoploss of 1756 & targets of 1722(if holds) thn 1740 +
Kotak bank weekly analysisOn weekly time frame the stock is in consolidation having important support placed at 1666.
After making low near support zone the stock is trading within a range from past 5 weeks.
Breaking above 1840 will break this range and stock may reach to the previous high.
On the flip side breaking below 1666 will accelerate selling pressure.
Keep the above trading in mind.
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Happy trading.
