#Triangle break out wait for Descending triangle break out on 60min charts , positivie news of fundraising will help this break out.
KOTAKBANK trade ideas
KOTAK BANK - Long position.Kotak bank looks like a shoert term long postion. Target 1 - 1270 Target 2 - 1300 with stoploss of 1215 or 1200.
SPOT: KOTAKBANK SUPPORT LEVEL@ 1230,BELOW THAT WILL FALL TO 1190SPOT: HOLD : KOTAKBANK SUPPORT LEVEL @ 1230,
BELOW THAT TAKE SHORT TRADE FOR TARGET 1190, SL 1270
RISK REWARD 1:1
KOTAKBANK ::: LONGKOTAK BANK
Expecting KOTAKBANK to go up.It is making lower highs.
Stochastics is showing bullish trend.
Current Market Price is: 1250.90
Buy above : 1257
Stop Loss : 1210
Target 01 : 1306
Target 02 : 1338
Target 03 : 1370
Options are too costly to buy.
KOTAKBANK - GO SHORT FOR A TARGET OF 770 BY 8 MAY 2020KOTAKBANK - GP SHORT @ CMP WITH A SL OF 1450 AND A TARGET OF 770. TARGET SHOULD E ACHIEVED NY 8 MAY 2020
KOTAK BANK Buy for long position after breakoutCurrently trading at a long time support zone with a price action.
Will go for long position after confirmation candle.
Any views?
kotak might touch 1000 before bouncing backkotak bank was travelling in a channel, and it has been broken now.
It might take support on the trend line before bouncing back.
short it with a target of 1000 and with a stop loss of 1160
KOTAK MAHINDRA BANK | It's time to go short againFriends, please support this idea with LIKE if you find it useful.
Looks like Kotak Mahindra Bank is also in downtrend. Use the pullback to get in.
Thank you for your support, I appreciate it.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
BEARISH BATAs a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Not every idea is a valid trade.
This analysis is a trading idea, not a trading signal for you.
My own trend direction estimation, entry point, stop loss and take profit levels are on the chart.
Good Lucks.
KotakBank Go for short after the restest done! don't go for options, use it for positional and intraday
KotakBankIn four hour it formed head and shoulder so go for short when it breaks that support line at 1690 the targets and stoploss by your own
Kotak Bank - Darvas Box moving aheadRefer earlier view on Kotak - Boxing in the Range. Kotak has now moved ahead of the old darvas box and is now creating a new one. Let it form. The old box high is now the stop.
