KOTAKBANK MULTIYEAR BREAKOUT above 2000KOTAKBANK - Swing trade for many months.
NOW ready for breakout above 2000.
RSI above 70 - Indicating strong bullish chart pattern.
KOTAKBANK trade ideas
KOTAK BANK Shooting star on chart top & near resistance zone
Today Bearish candle confirm shooting star candlestick pattern
Chart setup not favour long
Macd not indicate Bullish now
Disclaimer This is my personal view for education purpose only
No Buy sell recommendations.
Kotak Mahindra Bank BullisBuy Kotak Mahindra, Possible formation of head and shoulder, bullish in 30 Min too
why I am going Long on KotakWe are seeing a triangle pattern - a very good opportunity to swing and make profit by 22%.
Kotak Bank bullish harmonics CMP 1771
BUYING PRZ 1690--1710
STOPLOSS 1645 CBSL
TGT 1730 / 1750 / 1780 / 1800
Regards..
Keshav..
02/09/2023
Disclaimer:
I am not a SEBI Registered analyst...!!
Charts are made only for study purpose and paper trading... !!
Kotak Mahindra Bank can rise on to a robust rank. Kotak Mahindra Bank Ltd. CMP – 1818.55
Market Capitalization Rs 3,61,442.6Cr
Red Flags:🟥
Declining cash from operations annual
FIIs are decreasing stake
Green Flags:🟩
No debt
Zero promoter pledge
MFs are increasing stake
Improving annual net profit
Promoter holding increasing
Previous Happy Candles Number – 41/100
New Happy Candles Number – 51/100
Fresh Entry/ averaging / compounding after closing above 1819
Targets: 1873,1904 and 1950
Long term target: 1985, 2015 and 2066
Stop loss: Closing below 1759
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.
My view on Kotak BankKotakbank
Forming inverse head and shoulder pattern
Looking good for tgt 1815-1820-1840++
in very short term.
Keeping on radar Kotakbank 1800 CE
KotakBank @ 50 Monthly MANever Closed below the 50 Monthly Moving average after May 2009 (@ 117). Retested this in Feb'2011 (@ 173), Mar' 20 (@ 1124) but always closed above this MA.
Given 10x return since May 2009 from 170 to 1700+ (Excl. dividend) i.e. 1 lac invested in May'09 becomes 10 lacs in 2023 in a span of 14 years.
Trading now near to the same Monthly MA from Mar 2023. Trading in a range of 1600 - 2050 since Jan' 2021.
Where this journey will head on from here?
20% upside potential in Kotak bankThe large cap bank set out an impulse in march 2023 and since then has been in a complex corrective mode and retraced more than 705 of the wave i. This provides a good entry and a good risk/reward from CMP to enter the stock with a good risk reward(5% vs 23%).
sl 1635
target 2110
kotak bankcan long kotak for 1950+ levels
disclaimer:
i am not sebi registered analyst
this is for educational purpose only
do not take huge trades on educational chart overview
KOTAK BANKStocks trading near 2 Day high as well as rising volumes and closing strong , indicating a possible breakout
I am not SEBI register Advisor and I am not any trade and tips recommend here, This Idea post on this Channel Only for educational knowledge & learning purpose, I am not provide any trading tips, Before any Trade Advice your Financial Advisor, I am not responsible any profit and loss
$KOTAKBANK long 9R opportunityNSE:KOTAKBANK long opportunity completely based on technical analysis.
This is for educational purposes only . Please consult your financial advisor or do your own analysis before any trades.
KOTAKBANK Near Support AreaOn a weekly time frame KOTAKBANK we can see it is coming near it's most crucial support area which is testing since 2021 and consolidating in this channel, so long term investor can enter between 1645-1665 for the target of new highs.
KOTAKBANK Stock breakdown
Macd Bearish crossover
Bearish marubozu candle on chart bottom with high volume
Price below All DEMA.
Market sentiments negative
Not good for long position as now.
Some downside move possible tomorrow.
Disclaimer This is my personal view for education purpose only
No Buy sell recommendations.
KOTAK BANK ON BULLISH SIDE.RRR - 1:2
Do your own analysis also.
entry - 1760
sl - 1750
target- 1781.50
Kotak Mahindra Bank ready for upside move On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
KOTAK BANK LONG Double bottom near to support zone.
Big Bullish candle today done
Breakout Done
Go long with 1745 S.L
Chart setup favour in long position.
Disclaimer This is my personal view for education purpose only
No Buy sell recommendations.
Kotak bank ready to💥💥💥Majar support area break down then consolidate and make HH and entre demand area good risk reward
Kotak BankPrice now trading in Buying zone
can Buy near cmp 1727 in part
Add more if goes down
Kepp SL 1625 or 1615(strict)
Target 1900++++
Bearish Kotak bank Kotal bank has given a Bearish signal on daily chart pattern. The stock has formed inverse head and shoulders pattern. Suggest to sell Kotak bank if break today's low.
Kotak bank looking good for long term upside move For all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,
