KOTAKBANK trade ideas
Live Intraday Trading - Kotak Bank Buying on dip's on 07.08.2020One more example of buying on dip's on the same day .
Kotak Bank BreakoutKotak bank rally should touch the resistance line... if it breaks out with volume unstopable... you can refer my RBL which is already at breakout
Kotak Bank - Move upKotak Bank will go up (Target 1550) when it closes above 1395 in daily ( Once completes the triangle Pattern).
Note: My ideas are knowledge sharing purpose only.
KOTAK BANK : Near to strong support 1300 after fall down#KOTAKBANK is falling since Q1FY21 result announced. Today stock hit the level 1300 which is strong support and bounce back, closed above. We can see high OI built-up on call side.
Showing Bearish result in Technical Parameter:
CCI is treading Down
RSI is treading Down
William %R is treading down
ROC is treading down
DI+ crossed below DI- on both daily and weekly chart
MACD crossed signal line below
New shot position
High increase in Call OI compare to Put
Decreasing RS -Benchmark and Sectrol index
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Resistance : 1340 and 1351
Breakout : 1328
LTP : 1317
Breakdown : 1309
Support : 1300 & 1280
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Positive & Negative Point:
1) Neutral in Weekly/Monthly chart
2) Very Bearish in Daily chart.
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(Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)
KotokBank - Inverted HnS with AB=CDKotakBank formed Inverted Head and Shoulders along with AB=CD with ascending triangle and symmetrical Triangle breakout. Triangle breakout and inverted Hns shows bullishness whereas AB=CD is showing limited upside move.... Lets see which one win the race AB=CD or Hns.Second PRZ is the target as per HnS it could be final reversal point...Also broke daily trendline. Perfectly retraced from golden ratio , RSI trendline is hurdle which need to be broken for upward move.
Targets on chart...
R-0112 Cash Buy KOTAKBANK @1397.00-1402 SL 1344 TGT 1500Short Term Cash Buy KOTAKBANK @1397.00-1402 SL 1344 TGT 1500
MACD cross over
About to cross TK line and good volume buy so we suggest to go long
Kotak Mahindra Bank from 22 July 2020Analysis:
1. First High was created ...-> came back to support zone ( retracement zone ) --> mission to create new high
2. Attempt to break the high and create Higher High ( succeed but not by margin )
3. Again came back to support zone for spring entry to create a higher High ..
Expecting New high to be created around the level of 1440 --> 1500
Their are 2 main consolidation zone ---> will create a lot of whipsaw between the levels
MACD and RSI both showing Positive sign
MFI is on the downside ---> expecting it to increase as price increases
Setup :
1. Call setup looking not so profitable
2. Best setup seems to Sell PUT options and buy positional position
KOTAK BANK : form of ascending broadening wedge on 15min chart#KOTAKBANK after false breakout the triangle pattern on 1 day chart, stock again enter in the pattern. Stock is forming the ascending broadening wedge after a bullish movement on 15 min chart and also shown breakdown from support line that confirm the pattern.
Showing Mix result in Technical Parameter:
CCI is Neutral
RSI is Neutral
William %R is Bearish
ROC is Treading Down
Stoch is reversing from overbought zone
New short
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Support : 1315 and 1300 and 1294
Breakdown : 1340
LTP : 1350
Breakout : 1360
Long Target : 1380 and 1400
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Positive & Negative Point:
1) Bullish in Daily/weekly and Neutral on Monthly chart
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(Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)
Kotak Bank Short position Kotak Bank Short position for positional Kotak bank Sell position at 1320 Sl 1370 target 1280-1250-1200+++
Kotak Mahindra Bank - Bounce or breakdown ?NSE:KOTAKBANK will it bounce from the trend line support or breakdown.
keep track of this script.
Contraction = Explosion #BankniftyKotakbank is ready to give a Explosion on either side after contraction, be ready to grab the opportunity.
KOTAKBANKAs mentioned earlier too, it should move in big way on either sides, mostly upside, but for small play can be bought with 1380 sl above 1385 for 1398 target.
But once it crosses 1400 and sustains, get ready for big move of 25 points or more, in that case sl will be 1395.
Will kotak lift BN above 22500?Back into Resistance zone (1385-1400) for the 5th time.
200EMA coming around 1410.
will it make or break this time.
Kotakbank break out strategyWaiting for the break out.
We can pick up the trade in that side.
Patience is the key to catch the momentum.
Earning money is not alone profit without losing money is also a profit.
