KOTAKBANK trade ideas
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 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.
Like, share and comment.
Happy trading.
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KOTAK BANKNSE:KOTAKBANK
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13th March 2022 My Trade in KOTAK sharing my running trade in Kottak FnO. with some brief levels.
Strategy " I win OR I WIN"
roughly Kotak has got support and resistance levels at every 50-60 points.
additional disclaimer : Kotak has been one of my long term holding and still carrying.
Disclaimer: I am not a SEBI register analyst.
These views and study is my own for educational purpose only and not any trade recommendation.
Not responsible for any profit/loss.