KOTAKBANK KOTAK BANK Strong Bearish Divergence - Take Care KOTAKBANK KOTAK BANK Strong Bearish Divergence on Daily Chart - Take Care - First Target 1790 , We may see one more high before a quick reversal
Kotak
Kotak Bank - Big Move Expected - Possibly Lower SideToday Kotak Bank clocked highest ever daily volume which was primarily generated during last 30 mins of Trade. A whopping 70 Mn plus shares volume.
Inspite of this thrust the share couldn't push beyond or even touch it's upward rising multi year trend line (excluding Covid Period).
This indicates sharp offloading of shares at higher level. Expect extremely sharp moves in the script with higher possibility of fall.
KOTAKBANKSHORTSELL KOTAKBANK , BANK STOCKS WILL GET MORE NPA'S AFTER COVID ,PVT BANKS HAVE MORE EXPOSTURE TO BAD LOANS.
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.
Bearish Crab - KOTAKBANK - Daily TF.Hello,
Pattern : Bearish Crab
Stock : NSE:KOTAKBANK
Time Frame : Daily TF.
Note : This chart is only for study and reference purpose.
KOTAK BANK -- INTRADAY TRADING SETUP FOR 18 AUG 2020 1 THIS IS FOR ONIY EDUCATION
2 ENTRY WHEN TRENDLINE BREAK WITH VOLUME
TARGET ; T1 1346.5 T2 1358.50
SL ; 1316
KOTAK BANK : Near to strong support 1300 after fall down#KOTAKBANK is falling since Q1FY21 result announced. Today stock hit the level 1300 which is strong support and bounce back, closed above. We can see high OI built-up on call side.
Showing Bearish result in Technical Parameter:
CCI is treading Down
RSI is treading Down
William %R is treading down
ROC is treading down
DI+ crossed below DI- on both daily and weekly chart
MACD crossed signal line below
New shot position
High increase in Call OI compare to Put
Decreasing RS -Benchmark and Sectrol index
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Resistance : 1340 and 1351
Breakout : 1328
LTP : 1317
Breakdown : 1309
Support : 1300 & 1280
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Positive & Negative Point:
1) Neutral in Weekly/Monthly chart
2) Very Bearish in Daily chart.
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(Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)
R-0112 Cash Buy KOTAKBANK @1397.00-1402 SL 1344 TGT 1500Short Term Cash Buy KOTAKBANK @1397.00-1402 SL 1344 TGT 1500
MACD cross over
About to cross TK line and good volume buy so we suggest to go long
KOTAK BANK : form of ascending broadening wedge on 15min chart#KOTAKBANK after false breakout the triangle pattern on 1 day chart, stock again enter in the pattern. Stock is forming the ascending broadening wedge after a bullish movement on 15 min chart and also shown breakdown from support line that confirm the pattern.
Showing Mix result in Technical Parameter:
CCI is Neutral
RSI is Neutral
William %R is Bearish
ROC is Treading Down
Stoch is reversing from overbought zone
New short
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Support : 1315 and 1300 and 1294
Breakdown : 1340
LTP : 1350
Breakout : 1360
Long Target : 1380 and 1400
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Positive & Negative Point:
1) Bullish in Daily/weekly and Neutral on Monthly chart
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(Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)
Kotak Mahindra bank , Breakout Formation . Closing Above 1400 With Bullish Setup (Bullish Candle With Justified Volume Bar )
Can Take It to 1515,1540,1570 Levels
Technical chart analysis for Kotak Bank to trade on 22nd /Jun / Hi Friends,
I am sharing this technical analysis for Kotak Bank and its for intraday purpose to trade on 22nd Jun 2020
Kotak Mahindra bank Elliote + Price action breakdownHello Friends
Don't Take any trade its just view we get a better opportunity of confirmation trade in it After breaking it out !!
Waiting for new control price
According to Elliote wave its target toward 263
30 min
Lol I am confused in it
Thanks
Kotak Bank | Price in the Q4 ProfitsTechnical Analysis
If you look at the MACD on the 3 Hour chart you can see a bullish convergence with a crossover nearby.
- RSI Showing similar pattern which played out on April 8th, same goes with the MACD.
- Kotak recently retested the strong support line as shown in the chart.
Fundamental Analysis
Kotak Mahindra Bank reported net profit at Rs 1,267 crore on Wednesday, beating Street estimates. The bank saw a huge spike in provisions as it prepared for Covid related contingencies.
All revenue segments of the bank saw decent growth. Revenue from corporate banking grew to Rs 3,707.88 crore in this quarter from Rs 3,314.66 crore in the corresponding quarter last year. Retail banking revenue jumped to Rs 3,757.21 crore from Rs 3,577.30 crore and treasury revenue to Rs 1,765.38 crore from Rs 1,505.16 crore.
Read more at:
economictimes.indiatimes.com
Kotak Bank | NSE AnalysisComing week is rough for the banking sector as Bank Nifty shows signs of weakness with a converging MACD. Just trade the range.
- Kotak Bank MACD also showing signs of weakness. Based on how it plays out on Monday I will update this trade.
-Kautilya.K
Kotak mahindra short term LONG !Looking good on a LTF. Bought into it, let's see how it goes. Although I will be watching this very closely for Sell signals. Will update when required.
- Kautilya.k
KOTAKBANK - GO SHORT FOR A TARGET OF 770 BY 8 MAY 2020KOTAKBANK - GP SHORT @ CMP WITH A SL OF 1450 AND A TARGET OF 770. TARGET SHOULD E ACHIEVED NY 8 MAY 2020
