Kotak Mahindra Bank LtdCONSOLIDATING FOR 150 WEEKS IN THE RANGE OF 1640 - 1980
Banking stock with highest interest coverage ratio
Breakout above consolidation zone will take the stock to all time high - SL 1638
Market Cap
₹ 3,77,511 Cr.
Current Price
₹ 1,900
Stock P/E
25.3
Book Value
₹ 487
Dividend Yield
0.08 %
ROCE
7.37 %
ROE
15.4 %
Face Value
₹ 5.00
Promoter holding
26.0 %
EPS last year
₹ 75.1
EPS latest quarter
₹ 23.0
Debt
₹ 3,65,235 Cr.
Pledged percentage
0.00 %
Net CF
₹ -9,910 Cr.
Price to Cash Flow
-304
Free Cash Flow
₹ -2,203 Cr.
Debt to equity
3.76
OPM last year
20.9 %
OPM 5Year
20.6 %
Reserves
₹ 95,673 Cr.
Price to book value
3.88
Int Coverage
2.36
PEG Ratio
1.31
KOTAKBANK trade ideas
KOTAK Bank Kotakbank CMP : 1845 looking goodKOTAK Bank
Kotak bank CMP : 1845
Kotak Bank attempts to climb after taking support from a bullish trendline. SL 1811 is strict, so if it crosses 1850, it might also touch 1870 , 1900.
This is purely for educational purposes.
I am not a registered financial advisor with SEBI. Please communicate with your advisor before making an investment.
KOTAKBANK Analysis??After a strong fall price is slowly coming upwards to test the supply zone.
reaching the supply zone in a bullish channel...
now price is near to its previous demand area ...if this acts as resistance price falls.
if acts as support again reach the upside...
we have bullish gap left below....keep track these zones..
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.
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.
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).
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✅✅