#TATAINVEST NSE:TATAINVEST TATAINVEST 2689 TGT 3525 SL 2377 RR = 2.7 Return 31% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong....
In higher time frames this stock is trading in a range...from long time now this stock price is at its demand zone.... multiple times price takes the support from this levels... If price comes to 1700 levels, then also keep in long side... no short is recommended in this stock...keep looking for long opportunity as long as price is above 1700 levels.
Kotak Mahindra Bank Ltd. CMP – 1818.55 Market Capitalization Rs 3,61,442.6Cr Red Flags:🟥 Declining cash from operations annual FIIs are decreasing stake Green Flags:🟩 No debt Zero promoter pledge MFs are increasing stake Improving annual net profit Promoter holding increasing Previous Happy Candles Number – 41/100 New Happy Candles Number – 51/100 Fresh...
The large cap bank set out an impulse in march 2023 and since then has been in a complex corrective mode and retraced more than 705 of the wave i. This provides a good entry and a good risk/reward from CMP to enter the stock with a good risk reward(5% vs 23%). sl 1635 target 2110
OMAXE 48.80 TGT 61 SL 42 RR ~2 Return > 23% TF < 6M NSE:OMAXE Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout...
Kotal bank has given a Bearish signal on daily chart pattern. The stock has formed inverse head and shoulders pattern. Suggest to sell Kotak bank if break today's low.
After filling the bullish gap price is showing bullish pressure.... this stock is trending downwards from several days... now this is turned to be bullish....keep in long side... If sellers unable to push the price downwards again buyers will take this to higher levels...
The stock is trending downwards.... price is now near to bullish gap...a strong rise is observed from this gap... If it is a bullish turn price will take the support from this area... then look for buy side.... If this area pushes the price upside...we will on long side until the trendline... again will look for sell at trendline if no break detected. If It is a...
1. Kotak Bank weekly chart. Has been a late mover, but has closed with a solid bullish bar at the 1980 resistance level after a bullish RSI divergence. 2. Breakout could lead to 2200 and all time highs thereafter. ❤ & follow for more.
After a strong fall price is slowly coming upwards to test the supply zone. reaching the supply zone in a bullish channel... now price is near to its previous demand area ...if this acts as resistance price falls. if acts as support again reach the upside... we have bullish gap left below....keep track these zones..
Kotak Bank is at Support level. CMP: 1861 SL: 1815 Target 1: 2230 Target 2: 2400 Reason 1: Fibo Support level at 0.58 Reason 2: Inverted Head & Shoulder Pattern Segment: Equity Delivery 9834 621 628
Observations:: price clears all the demand zones on bottom side... Area of interest to sell is 1910 and 1940 range. now price is coming back to test the if the previous demand zone acts supply zone price fills the gap on bottom side @1760 range..
Hello Traders I Hope You Are Doing Well. Today I Am Sharing My Kotak Bank Chart Analysis For Tomorrow Morning.
Observations:: Left Shoulder: @1980 Head @ 2060 Right Shoulder :: if forms @ 1980 we have a strong neckline @1860, which will push the price up to right shoulder again.. if price breaks the neckline will observe a retracement to neckline or 1900 zone, then look for sell until the bullish gap finished on bottom side @ 1780-1770 levels.
NSE:KOTAKBANK One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and...
Observations:: ----->> The stock is facing resistance multiple times from the resistance zone @1980. It is broken the trendline and retested the supply zone and waiting for breakout ot breakdown. if it wants to test the Supply one more time or breakout above the resistance @1980. Dont forget the demand zone, it will acts as a support. And this will take the...
Observations:: Test of Supply one more time to false breakout or continue fall Broken the trendline and retest is observed, it will fall or raise towards the resistance. Facing resistance @ 1980 zone. Keep 1st target @1870 levels, may price rise again. we have Bullish gap left @ 1780 levels, Before going to fill this gap can we expect any up move towards...
KOTAKBANK Observations: ----After Huge Gap of 65 Points Price moving upwards. ----> with Strong consolidation showing bear trap(false breakdown) price moving upwards again. ----->we have a resistance at 1980 zone, we can expect the price to reach this zone. -----> further price action is needed whether its reversal or breakout from this zone(1980).