Invers H&S. as we seen multiple Support and same area we found Invers H&S at current price level.
we took based past history S & R.
KOTAKBANK trade ideas
Expecting Huge concolidation breakout in KOTAKBANKTrading in a same range for almost four years expecting breakout soon in KOTAKBANK
Bullish on KOTAKBANKinverted head and shoulder pattern found in a KOTAKBANK on a daily time frame and it is the most underrated banking stock in which the rally is pending so expecting the good upside move in upcoming days in KOTAKBANK
KOTAK MAHINDRA BANK multi timeframe analysisexpecting 'DOWNTREND' in the following week. 1600 range could be the BEST place to buy (because the presence of WEEKLY DEMAND ZONE ). The target will be ATH or even more can be expected due to consolidation period of more than 3 years.
Kotak bank First Head & Shoulder pattern will BO the target is mentioned. (This month)
&
Descending Triangle BO will be the move in Next month(April).
Short term target as mentioned in chart.
Happy Trading
$KOTAKBANK Daily Chart Technical Analysis for educational purposNSE:KOTAKBANK Daily Chart Technical Analysis for educational purposes only. NFA.
Bullish case : March 15, 2024
1# Price making Inverted head and shoulder , which is a Bullish reversal pattern.
2# MACD line above signal line and moving toward zero line, which is also a bullish trend signal.
3#Expecting price to retrace back to 1850 range.
KOTAKBANK--@Trading In Channel??This stock is trading in bearish channel...
now it is at the channel break out...
on top side this wants to test the supply zone at 1800 levels.
If price breaks the trendline to topside, price will again fall from this supply zone area.
keep looking for short side continuation from this supply zone or breaks the trendline on bullish side and retrace to enter short side.
kotakZurich Insurance Group will buy a 70% stake in Kotak Mahindra Bank's general insurance arm by paying 55.60 billion rupees (nearly $671 million) upfront instead of staggering the purchase as planned last year, the Indian lender said on Friday.
Under the original deal, announced in November last year, Zurich was to buy a 51% stake in the Kotak unit for 40.51 billion rupees and an additional 19% holding within three years of the first purchase.
The deal will be the largest investment by a global insurer in a non-life insurer in the Indian market.
KOTAK BANK small support from 1689 kotak bank can reverse with our levels marked sl would 1687.
this is for educational purpose only thanks..
Kotak Mahindra BankKotak Mahindra Bank Weekly chart break trendline 1Target 1675 2Target 1630 & 3Target 1250 go for Short..
Kotak triangle breakoutJust starting with technical analysis I'm still new to analysis, might not be correct just for study purpose.
Kotak Bank Looking Super Strong | Long | Positional | 15-01-2024Buy Kotak Bank Buy Above 1865
For the Target of
Short Term : 1903-1970-2050
Long Term : 2121-2196-2345-25302715
SL 1819
Strategy : Cup & Handle Formation + RSI > 50
Duration few Days to Months
KOTAKBANK AnalysisThis stock is now in completely consolidation stage.
A strong Rally base Rally is observed in this stock from 1300 levels...
consolidation to manipulation will be observed below the support levels...
then chances of distribution is more..
so look for long, one more rally indicating long opportunity in this stock price.
KOTAKBANK: Favourable risk rewardAnother darling of the previous decade, but zero returns over the last 5 years. While valuations & leadership transition were the biggest concerns over the last 3 years leading to underperformance, fundamentally and technically the stock looks very very attractive for the next few years.
1650 - 1700 region offers a low risk setup for long term holders for an easy 50% gain.
Kotak bank looking strong amidst debris created by volatilityKotak Mahindra Bank Ltd. is the flagship company of the Kotak Group. It is one amongst the fastest growing banks and most admired financial institutions in India. The Bank offers transaction banking, operates lending verticals, manages IPOs and provides working capital loans. The principal business activities of the Bank are organised into consumer banking, commercial banking, corporate banking, treasury, and other financial services. Kotak Mahindra Bank Ltd CMP is 1823.6.
The Negative aspects of the company are Declining cash from operations annual, FIIs are decreasing stake, Promoter Holding decreasing. The company's Positive aspects are No debt, zero promoter pledge, MFs are increasing stake, Improving annual net profit.
Entry can be taken after closing above 1833. Targets in the stock will be 1862 and 1886. The long-term target in the stock will be 1909 and 1928. Stop loss in the stock should be maintained at Closing below 1754.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
KOTAKBANK--Near its Demand Zone??In higher time frames this stock is trading in a range...from long time
now this stock price is at its demand zone....
multiple times price takes the support from this levels...
If price comes to 1700 levels, then also keep in long side...
no short is recommended in this stock...keep looking for long opportunity as long as price is above 1700 levels.
Kotak bankTrendline Breakout successful
May give retracement to 50%
and bounce back. Keep an eye on it.
