KOTAKBANKSHORTSELL KOTAKBANK , BANK STOCKS WILL GET MORE NPA'S AFTER COVID ,PVT BANKS HAVE MORE EXPOSTURE TO BAD LOANS.
KOTAKBANK trade ideas
KOTAKBANKstudy purpose
KOTAKBANK long levels given.
Need to enter only on confirmation as the banking sector is taking a beat up now.
KOTAK BANKKotak bank moves through the channel, Expecting a bounce from Support ie - 1265 to 1260... If breaks and close below 1260 in 30 mins time fram then fall up to 1220
KOTAKBANK 1HRBULLISH Butterfly ..Ultra high volume down bars - trap of Smart Money , Higher volume-Professionals are buying into the public selling
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
Kotak Bank - Combination of Bull and Bear DivKotak bank showed Bullish RSI Divergence on hourly chart and the price bounced as expected...
Now There is a Bearish Divergence on the hourly chart again which indicates The price was not able to move up as fast as it had too.
One can try and go long at 1310 with a stop loss of recent local lows of 1300.
If price closes below 1300, IT can go towards 1270. On the up side 1340 and 1360 are the targets for long.
One should look to go long around 1270 which if happens may have bigger RSI divergence and this time bounce will be big.
Trade Safe !!!
SHORT KOTAK BANK below 1300Kotak Bank is testing the support level 1300.
If broken,
Target 1 - 1278
Target 2 - 1240
SL - 1330
Kotak trade idea. Buy Kotak at CMP.
Stop-loss 1225.
Will add position and revise stop loss later on confirmations.
Kotak looks bullish again.Price went up in 5 waves and retraced that in 3 waves. Expecting uptrend to continue.
Kotak Bank Bullish Breakout Target 1540 Clear Breakout on D TF
Looking for some positive moves
Can be bought at CMP or let price retrace then can be bought at 1420/1400 levels
Target 1 - 1540
Target 2 - 1580
Stop Loss - 1360 levels on Closing basis
KOTAK MAHINDRA BANKAfter 5 unsuccessful attempts, finally a breakout suggests the stock is ready for a fresh rally.
The last days candle did a retest and also closed well above which indicates strength.
Enter on any dips if available.
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Kotak Mahindra Bank, very bullish.Kotak Mahindra Bank broke trendline as well as the crucial resistance level of 1448 with heavy volumes. It has also crossed its two hundred day exponential moving average. All the things indicate a very strong signal to go long on Kotak Mahindra Bank.
Upside Breakout of wedge patternFirst, kotak bank gaves a breakout of wedge pattern for long , and it also gaves one retracement so i think that it is best time to long . buy at = 1467 ,
stoploss =1444 , target = 1549
KOTAK MAHINDRA BANK: Expecting BIG MOVE!!
Kotak Mahindra Bank broke out 200 SMA after a long consolidation. Expecting target 1510/1591 with SL of 1443.
Disclaimer: Please note, views are shared based on my study and research. Information is just for education purposes.
Kotak Bank =- Breaking out.Kotak Bank.
Breaking out.
Long consolidation.
Broke out of box.
First possible target 1550 range as marked by line.
Stochastic and RSi are as per rules.
ATR is still low.
Also closed just above last 100 day price range.
May explode this week.
