Kotakbank break out strategyWaiting for the break out.
We can pick up the trade in that side.
Patience is the key to catch the momentum.
Earning money is not alone profit without losing money is also a profit.
KOTAKBANK
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
KOTAK Bank projected moves for positional tradersBreakout of triangle patterns give short or long signals...
KotakBankWell. I will prefer to wait for a close above 200 day EMA.
Else it could be a so near but so far trade!!
Because even above 200 day EMA entry we can still make about Rs 100 to 125.
Patience is the key.
TARGET ACHIVED ON KOTAK MAHINDRA BANK. SHORT TERM TRGT ARCHIVED IN SOME DAYS EXPECTED
I M EXITED TO ASK, DO YOU BOOK LUCRATIVE PROFIT.
THANK YOU FOR YOUR SUPPORT FOR MORE UPDATE FOLLOW AND LIKEIf you are new to market and wish to learn more you can contact me 7276209528
If you open account from below link you will get my Personalis support for learning and trading.
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Kotak Mahindra bank , Inside Bar Formation .Overall Sideways Trend
Formed Inside Bar ( 6 )
Breakout Above 1385
SL :- 1340
ADX :- Above 25
+DI Above -DI
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 Trading Setupif Price unable to hold than next Support is 1200 Rs
right now market is bullish so we expect it to go above but we will wait for perfect entry rather than gambling
Kotak Bank1120 is support on Weekly Daily and Hourly chart for longs till 1184 and further to 1207 and 1228. Down trend line is broken on 21 May 2020.
KOTAK MAHINDRA IS A BUY !My previous chart on kotak mahindra bank is a little off, so i thought i'll make a fresh one.
Bullish Signals
The daily candle formed a bullish engulfing candle.
The Stochastic RSI is oversold and is attempting a reversal.
The MACD on the Daily is converging and had a bullish crossover on the 4H.
This is currently a sideways market, Bollinger bands are useful for determining a reversal. The price action just hit the lower band and reversal with the above mentioned signals.
-Kautilya.K
Kotal Long Call IdeaWhy long call?
1. Monthly expiry we can see short covering.
2. Stock broke the down trend line and moving.
3. Bank nifty is in over sold territory.
Sold 1100PE @ 9.85
kotakBank long for short term.fundamental good and available on discount price for BTST or short term period chart sgows upside breakout will take initiative soon and reach range @1230
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
KOTAKBANK - GO SHORT FOR A TARGET OF 780 BY JUNE ENDKOTAKANK - GO SHORT @ 1234 WITH A SL OF 1377 AND A TARGET OF 781. TARGET SHOULD BE ACHIEVED BY JUNE END
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
Kotak BearishSupport - 1234/1213/1152
Resistance - 1257/1278/1310
Target - 1217/1197
Time - 1-2 week
Kotak Bank Long call TargetsTargets as per trend lines till expiry. Already holding a long call on this.
VWAP Details:-
20-Apr-2020 1,193.96
21-Apr-2020 1,139.48
22-Apr-2020 1,143.24
23-Apr-2020 1,219.86
24-Apr-2020 1,240.67
27-Apr-2020 1,300.57
Most probably I will book profit tomorrow.
Please share suggestions or any idea.
