KOTAKBANK trade ideas
Kotak bank - rock solid steady and sowlyKotak bank ... another one looks good to accumulate and solid steady ... chikou is free and it is also forming a new darvas box ...
1010. NR7+IB. for intraday onlyTrade towards breakout side with SL at pullback breakout side.
SL compulsory
This is also in a running flat and sudden fall can happen...Market Commentary:
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS
YOU CAN COMMENT ONLY FOR DOUBTS IN LEARNING EW AND NOT FOR ENTER OR EXIT IN THE TRADE OR ASKING ME OR SUGGESTING ON WHAT U TAKEN, ACCORDING TO YOUR ANALYSIS.
All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted the new chart for the same pair, it could be a possible wave count changed or updated. Make sure that old one was invalid or possible or alternate wave and the new one is valid. Good luck and cheers.
This is a educational post only...my ambition is to create a awareness to the traders who lose the money and treating like a gambling...this is a pure business and not only buy and sell apart from that we have to fine tune ourselves in various part of trading...cheers once again.
Intraday - Trade Setup : Kotak Bank - 28th AugustPlease consider to check out these Intraday Level for 28th 2019
Kotak - Trading in the BoxKotak, Wow, it trades well in that box, published few days back. That 1450 price at the edge of the box, voila, what an entry that would have been.... Will it break the box this time. . . Let us see.
Short Kotak Bank for Rs. 150..Expecting Rs. 1350 from 1500 Kotak Bank is showing classical divergence in monthly chart. RSI is showing descending pattern (marked) while stock has reached new high. Earlier Trough of RSI which was formed after touching RSI > 70 line has broken while stock made new high in monthly chart. I think Rs. 150 correction from current level.
Previously stock made bottom while monthly RSI touched around 50 line. It is short term trade but long term trend seems to be intact ubless RSI break below 50. The chart is only for tutorial purpose and please do not consider buy or sell recommendation. Please do your due-diligence before buying or selling. I am neither technical analyst not SEBI registered Analyst.
NSE:KOTAKBANK
Kotak - Trading in the BoxKotak is trading well within the box... take your trade at lower end for buy and vice versa.... whenever it will break, it look likely a flag and pole breakout... let us see
Stock is in upward trend, moving in a channel....Good to holdStock price is moving within a channel and holding strong in channel
544 SAN; 1438 to 1382 travel. mc in progressDisclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times scenarios does not arise for good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) are required for your entries and exists Always run with SL. WavoZen aims for microtrading, unless specified. Wavozen1 aims to publish real-time entries and exits.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen. Abbreviations: PT1: Profit taking point 1; PT2 =profit taking point 2; SL: Stoploss point. ENT: Entry not Triggered; ENV: Entry not valid. Weekly Review : WR;
