KOTAKBANK trade ideas
KOTAKBANK short term positional callKotak Mahindra Bank Limited Trading technical call for short term
CMP: 1038, Closing based SL 989, Targets 1070 1085 1098
For educational purpose only
Kotak Bank ShortBreached its important support levels. Looking bearish on larger time frames as well. Should test 938 now.
BUY SETUP IN KOTAKBANKDAILY FINANCIAL WISDOM: Your decide your fate, the market you're trading does not...
KotakBank 60 Mins Sell Setup :)Sell Setup :)
Keep It Simple, Keep It Unique :)
Happy Forex Trading :)
Happy Profit Making :)
BUY SETAP -BUY - 964 SL - 940DAILY FINANCIAL WISDOM: Open your eyes, trading opportunities are all around you...
buy setapDAILY FINANCIAL WISDOM: Just as in trading, "a sailor can't control the wind, but he can adjust the sails..."
Kotak is giving a good chance..Dont be late ...Good luck guys,,All the best and have happy trading..
Kotak bank forms Alt Shark Pattern, good to buy on dips It is good to buy on dips around 700 with SL around 680 for the TP of 750/775
KOTAK MAHINDRA BEARISH CYPHERPOTENTIAL BEARISH CYPHER @811 to 817 WITH POSIIBLE TARGETS OF 795.....790.......i relly dont know the exact cypher co-ordinates........
Kotak Bank forming Bearish PIN-BAR PatternOn hourly chart, it is been observed that the price action forms bearish Pin-Bar pattern that indicates rejection of higher prices and weakness. It also states that there is high selling pressure from sellers that shall take the price down. It is also important to note that there is a GAP on hourly chart that shall be filled during the weakness. Therefore, it will beneficial to initiate fresh shorts and covering long positions.
Target 1: 793
Stoploss: 823
Duration: 2-4 days
KOTAKBANK 250% FIb Extension and Bearish Megaphone PatternKOTAKBANK 250% FIb Extension and Bearish Megaphone Pattern. Target lower bound of Megaphone
KotakBank - Forming a LEADING DIAGONAL TRIANGLE pattern It is interesting to watch the price action forming a leading triangle as it can represent a new Wave 1 after a all time high breakout. This chart pattern is generally known as continuation trend pattern and subdivides wave structure in 3-3-3-3-3-3 that indicates consolidation between buyers and seller to move prices.
The breakout from here on will define trend and keeping it on my watchlst for tomorrow.
