KOTAKBANK trade ideas
kotak revert from resistanceAs revered from resistance ,this can be a short below defined levels with strict SL
KOTAK BANK Long SetupBuy NSE:KOTAKBANK around 1122
Target 1 : 1174.6
Target 2 : 1201.15
Stop Loss : 1094.75
KotakBankDespite Nifty correting about 100 points, this stock remained unaffected. So there is some hope for achieving targeted price.
KotakBankRepeated
Buy 1403-5, Trgt 1425-30, SL 1395. Rationale: About to breakout at and above 1400, non-tainted bank, strong bullish chart, Multiple breakouts.
KotakbankBuy 1403-5, Trgt 1425-30, SL 1395. Rationale: About to breakout at and above 1400, non-tainted bank, strong bullish chart, Multiple breakouts.
Today trade did not trigger. So it is repeated.
KotakBankBuy 1403-5, Trgt 1425-30, SL 1395. Rationale: About to breakout at and above 1400, non-tainted bank, strong bullish chart, multiple breakouts.
Kotakbank, ConsolidationIf we look at the chart carefully, we note that market has hardly any effect on this stock. This reminds me of TCS chart about 3-4 years back-- then it was free from the impact of market. At present consolidation is going in the range of 40 points -- 1300 to 1340. Upside breakout is possible.
KotkMhndrBank, Resistance The stock is in strong bullish market. It is also a breakout stock. At this point of time price is facing resistance. This zone is decisive for a breakout or a breakdown or more consolidation.
Premium TradeThis is a new category being started here. This will be published when my criterion are met. As the title suggests, this is to give clear-cut levels. Here are two Premium Trades:
a) KotakBank: Buy between 1198 to 1217 (don't buy if these levels don't come). Keep 7 points of Stop Loss. Target 1291.
b) KPIT: Buy between 238 to 241. SL 235. Target: 259.
Logic: Both are breakout stocks. These are buy on dips.
KOTAKBANK short term positional callKotak Mahindra Bank Limited Trading technical call for short term
CMP: 1038, Closing based SL 989, Targets 1070 1085 1098
For educational purpose only
Kotak Bank ShortBreached its important support levels. Looking bearish on larger time frames as well. Should test 938 now.
