#kotakbank #swingtrading #swing #demadkotak bank seems a bullish trade from this demand area for swing trading stoploss will be under this support area
KOTAKBANK trade ideas
KOTAKBANK Analysis ??Observations::
price clears all the demand zones on bottom side...
Area of interest to sell is 1910 and 1940 range.
now price is coming back to test the if the previous demand zone acts supply zone price fills the gap on bottom side @1760 range..
KOTAKBANK ViewsThis script as shown in the chart drawing, has reacted sharply from range high zone till the immediate value area support zone.
Now it will be interesting to see a range reversal trade if the support zone is respected.
Worth watching it for study purposes.
Kotak bankKotak bank in 1 day TF
Channel break ans retest also done
Suppose we get sector support then downfall ia possible
First target is1850
Second is 1770
Kotak BankHello
Traders I Hope You Are Doing Well.
Today I Am Sharing My Kotak Bank Chart Analysis For Tomorrow Morning.
KOTAKBANK--H & S pattern??Observations::
Left Shoulder: @1980
Head @ 2060
Right Shoulder :: if forms @ 1980
we have a strong neckline @1860, which will push the price up to right shoulder again..
if price breaks the neckline will observe a retracement to neckline or 1900 zone,
then look for sell until the bullish gap finished on bottom side @ 1780-1770 levels.
KOTAKBANKNSE:KOTAKBANK
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
KOTAKBANK--1980 Or 1870.Observations::
----->> The stock is facing resistance multiple times from the resistance zone @1980.
It is broken the trendline and retested the supply zone and waiting for breakout ot breakdown.
if it wants to test the Supply one more time or breakout above the resistance @1980.
Dont forget the demand zone, it will acts as a support.
And this will take the price towards resistance @ 1980 zone.Keep an eye @ this place.
we have a strong demand zone @1870 level, if this breaks we have a bullish gap @ 1760 level.
Kotak BankI am new to charting, just publishing the ideas to improve myself and in pursuit to a successful trader life. As we can see here Kotak bank cant break the 2150 level and comes back every time it touches. RSI is also making bearish divergence. Each time it touches the 1650 area, the support becomes weak and apparently it will fall. And of course as I wrote above, this is just for educational purpose.
Possible Range breakout of 1 and half yearStock is consolidation in a range for one and half year and it is trying to break out of range.
Bullish breakout above 1980 for atleast a target of 250 pts.
Target 2250
KOTAKBANK--Trendline + Retest ??Observations::
Test of Supply one more time to false breakout or continue fall
Broken the trendline and retest is observed, it will fall or raise towards the resistance.
Facing resistance @ 1980 zone.
Keep 1st target @1870 levels, may price rise again.
we have Bullish gap left @ 1780 levels,
Before going to fill this gap can we expect any up move towards resistance to test again for break.
Bearesh move reversel from resistance level the day previuseday close and then support levele down move
KOTAKBANK-Consolidation+ Up move = Reversal Expected or Bullish?KOTAKBANK Observations:
----After Huge Gap of 65 Points Price moving upwards.
----> with Strong consolidation showing bear trap(false breakdown) price moving upwards again.
----->we have a resistance at 1980 zone, we can expect the price to reach this zone.
-----> further price action is needed whether its reversal or breakout from this zone(1980).
Kotak Mahindra Bank for swing tradebuying at the support with the potential rally of 15% upside ,
while keeping the stop-loss at below the support structure.
bank with high trading volume and strong fundamental .......i m looking to buy at support/demand area.
KOTAKBANK BULLISH DIVERGENCE at the SUPPORT ZONE !!!Hello to everyone,
Kotak Bank trading near weekly support zone & RSI Bullish Divergence also happening near support zone , which gives double confirmation that the price may go upside. So here perfect low risk and high reward setup.
#KOTAK MAHINDRA BANK📈📉
👉🏻Stock approaching strong demand zone✅
👉🏻 1690-50 Support👍
👉🏻Stock bouncing from support📈📈
👉🏻RSI Bullish Divergence On Weekly chart✅
👉🏻TGT------ 1770/1808/1855+
👉🏻Add To Your Watchlist✅✅
KOTAKBANK 1hr (3 APRIL 2023)NSE:KOTAKBANK
1728 WILL be the best support fo now.
in 15 mint it gave breakout then proper retracement from level 1714.
trend will be considered as bullish above 1821.
for upside target 1779 .
a resistance near 1763 where the trend line takes gives resistance.
KotakBank gearing up for a recoveryKotak Bank has been taking a beating for last 3 months, and I think it's about time that it started attracting some big investments again. My view on this stock is bullish right now, and we can expect the move to realise in next 2-3 months, i.e. May 1(around the time of their next financial report).
Kotak is a fundamentally strong bank, that has generated consistent revenues and even better profit margins in last couple of years. It's a good value stock that has been neutralised since it last tried breaking through it's all time high price in October 2021. It has recently jumped back up from a pretty solid supply zone, and to my eyes, it's giving all the right signals for a bullish recovery.
Rationale:
Strong rejection from the supply zone, at a much higher price than the last reversal.
Price responding well to fib-levels, taking support at .786 retracement level.
A sharp spike in long term RSI & ADX levels, slow Stochastic starting to rise
Price forming a bullish Gartley pattern
Long Setup:
CMP: ~1750
Entry levels: Wait for retest, ideal entry should be around 1720, aggressive buyers can start accumulating already. Buyers may look to average their price until 1700.
Stop Loss Levels: Low risk tolerance -> 1680-1660, High risk tolerance -> 1620
Target Levels: 1800 - 1850, long range target 1900-2000(3 month horizon)
Potential upside: 15%
Potential downside: 7%
Kotak Bank ShortNSE:KOTAKBANK Is trading near a supply zone on daily timeframe
CMP-1947, do your own analysis before investing, this is not a buy/sell recommendation
Kotak Mahindra Bank trading setupNSE:KOTAKBANK
Range bound trading setup
Seems like not the right time to buy at this time. Already over priced. Wait for the lower range touch down. Consider buying at the green box level. And sell at the upper range trend line.
*Not a financial advice to buy or sell. Only speculations.
My charts speaks louder than words.
I'm a chartist and I paint charts.
KOTAK BANK : Filling the GAP downside ?5 Steps Analysis of Kotak Bank :
1. On Daily TF we can see that Stock was trade downtrend from Nov.2022 to March 2023 & made Falling Wedge Pattern.
2. On April we can see the Falling Wedge Pattern Breakout with good volume and still upside move is sustain.
3. But We can see that from last week stock made Spinning Top with High Volume and then made Doji with high volume.
4. From Last week stock mad indecisive Candles and stock going upside but volume is low.
5. Coming Days we can see in Stock can fill up the gap at downside, if Stock break the 1873 level & give closing at there the further downside we can see at 1825 level.
Bullish in Kotak Mahindra Bank for intraday Bullish in Kotak Mahindra Bank for intraday ,
Seeing pattern a taret of 1910 is possible.
Note- This idea is purely for educational purpose. Not a trading or investment advise. Always consult your broker or financial expert before trading or investment decisions.
