KOTAKBANK
KOTAK MAHINDRA BANK AS ON 04.08.2021A GOOD ANTICIPATORY BUY CALL COMING FROM MACD AND EMA !!
Volume is high compared to last 5 days!!
can make A HIGH OF 3-5%
STOP LOSS= GO WITH TRAILING STOP LOSS !!
Can check this stock for next 2 days for PROFIT!!
(ONLY FOR STUDY PURPOSE DO NOT IT AS ANY BUY OR SELL CALL)
Kotak Mahindra Short Term TradeEnter @ 1725 or after Breakout of the Triangle Pattern
Target - 1968
SL - 1625-1540 (Based on Risk)
Risk Reward Ratio - 1.5:1 - 3:1
The stock has been consolidating for nearly 260 Days and is ripe for a breakout towards all time high and india's top brokerage houses have recommended it too.
KOTAK BANK | Falling Wedge | Swing Trade ideaKOTAKBANK is following a falling wedge pattern/Descending triangle pattern with high demand in the rectangular area. The stock has been consolidating for the past few weeks and is awaiting a big move. MACD shows little or no momentum in the last two months. The stock is currently just below the 200 MA consolidating. It has a higher chance of breaking out upside in the coming days.
The trade can be taken with an RRR of 1:5 after the breakout. First target (1:1.5) is 1830, second target 1905(1:3) and final target is 2000 - (1:5).
CMP - 1735
Wait for the breakout to enter.
Sharing for educational purpose only.
KotakBank KotakBank
Formation of ascending Triangle.
No long till the level of 1850 cross
& holds successfully by the bulls.
One should Sell kotak bank now or on Rise upto 1800
with Stop-loss of 1830
for the target of 1765 - 1750 - 1733 - 1705 - 1671 .
Formation
Key Levels are Mentioned on chart
MACD IN DAILY
DMI ADX Bearish
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing