kotak mahindra bankvery very very dangerous pattern on 1 month chart of kotak bank destruction incoming
KOTAKBANK
kotak bank viewthis pattern is very similar to adani ports have been watching both stocks very closely no matter what the media says when it is looking bad on charts it is bad in real levels of below 1550 look real now as the falling trendline support is there time will tell where it make bottom all influencers and you tubers were seen promoting kotak bank for long term investment as there best bet and it is the worst performing in last 1/2 years of the major banks ie hdfc,icici,axis,sbi kotak looks worst on charts among top banks
question = will invest if you see a drop in kotak bank price ?
what price will you be ok to buy if share price drops from here?
this type of rectangle pattern was also in hdfclife share adani ports and also this consolidation in rectangle pattern is seen in , tataconsumer, tatamotors, tata steel and some more nifty 50 stocks as well
Kotak Bank Ltd...Lets see where it unfoldsKotak Bank Ltd...Lets see where it unfolds
It seems from the chart that Kotak has completed its upward cycle going for correction of complete cycle.
I am not saying going to fall tomorrow but hoping to come to the point mentioned in the chart in medium term.
What will be trigger I dont know.
Detailed analysis is uploaded on ytube can see and like if you liked it.
Thank for watching the chart...
Regards
KOTAK BANK - DEMAND HAS COMEFrom the past few experiences we have watched Kotak Bank respecting its support level of 1668, which is also a strong psychological level. The price has now come again to the zone, and also the 200 EMA is providing a support to the price on the weekly timeframe, we do have a horizontal as well as trend line support. So we should expect the price to move in upwards direction to the resistance zone of 1989.
Short in KOTAKBANKShort Opportunity in KOTAKBANK
1. 200 EMA Resistance on Daily/2H/4H
2. Negative RSI
3. MFI breakdown
4. BANK NIFTY Negative sentiment
Kotak Bank for next month Just go where it breaks easy trend picks
buy next month CE/PE
lots ur wish.
profits can be booked with my targets.
KOTAK MAHINDRA BANKThe stock is currently making a corrective structure and is likely to extend further to at least 61.8 fib. level. 1500 may be a good level to watch; below that we could also see 1420.
This is based on the Elliott Wave Theory.
KOTAK MAHINDRA BANK SWING TRADEKMB CMP is 1783 at support level, The price is swinging in between, from nov month 2020. 1700-1900(250points) level,
IAM BULLISH BECAUSE
HAMMER PATTERN & BULLISH ENGULFING AT SUPPORT LEVEL,
TODAYS CANDLE IS A REVERSEL ON 23 jan 2023
RSI SHOWING UPWARDS,
RESULTS ARE POSTED GOOD NUMBER,
THERE MAY BE SOME UPWARD MOVE
SL IS BELOW SUPPORT
TARGET 1950
KOTAKBANK Buy Idea 23.01.2023As per my analysis NSE:KOTAKBANK best buying level is 1780 with stop loss of 1745 (-35 Points). My expected up side target will be 1850 (+70 Points).
Note: This is my personal analysis, only for learning. Thanks.
KOTAKBANK 1D viewKotak bank breaking crucial trendline support. If the market trend continues to be bearish, we can also see a good fall in this stock.
The next target can be expected below 1700 levels.
Trade safe. Manage risk. Be profitable.
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Disclaimer:- This is my view. Please analyze the charts yourself and then decide to take any trades.
KOTAKBANK : W Pattern Kotakbank : after downtrend in hourly charts now breakout of LL LH and created W pattern. also its near Flip resistance. If resistance break and and retest it will start upward journey in hourly chart.
If unable to sustain then it can go back to retest support zone.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Kotakbank Bull Gann Level 02.01.23Kotakbank Support And Ressistance Its My View
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
NSE:KOTAKBANK
KOTAKBANKKotak bank is moving at a crucial zone. Possibility of going down is high as it has reversed from the above resistance and it is heading again towards it support zone.
As the market is still on bearish side, the chances of a good downfall is more possible.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Bulls may take Charge if there is reversalThe Scrip is forming a bullish pattern and we can see a breakout soon if we see reversal from this level or price doesn't break previous swing low. Keep in radar.
Any confusion comment below.
KOTAK BANK - Looking to match Banknifty RallyIt look like Kotak is at demand zone and has accumulated for last few days.
With Small SL, we can look for Risk Reward ratio of 1:5
Bank Nifty Levels & Option Data for 12/Dec/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 09/DEC/2022
BANK NIFTY IS UP BY 37 POINTS
Name Price Previous Day Change % Change
Bank Nifty 43633 43597 36.60 0.08%
India VIX 13.48 13.40 0.08 0.60%
OPTION STATISTICS BASED ON 15/DEC/2022 EXPIRY DATA
Max OI (Calls) 44000 (Open Interest: 2219650, CE LTP: 88.65)
Max OI (Puts) 43500 (Open Interest: 1850050, PE LTP: 181)
PCR 0.91 (PCR is in bearish zone)
Bank Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Short Buildup
Bank Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
KOTAK BANK ABCD PATTERN TRADEKotak Bank looks good on the daily weekly timeframe.
If it sustains above 1900 levels, there are chances that it will move towards 2000 -2040 levels initially.
There is an opportunity for both swing and positional trade here.
For swing, it should sustain above 1935 levels
For Positional, it should sustain above 1900 levels.
KOTAK BANK- Pullback tradeThe stock broke above the Previous Resistance with a Big Bull Candle with a Huge Volume.
Now It is retracing back to the resistance level which would now work as immediate support
Support levels: 1937-1942
Resistance: 1988 and 2016
Type of Trade: Swing, can covert into positional, as higher timeframes are quite a in sync with short timeframes.
Great Risk Reward
CMP: 1952
Immediate target: 1988 and 2016
Kotak bank Position buy kotak bank with target of 1920.
W pattern visible in chart.
Accumate on every dip.
Higher low is in chart.
KOTAK MAHINDRA, HEADS & SHOULDERS!!clearly we can see the pattern is forming.
target: 1600.
kotak will reach its bottom point after completing this pattern, making it to buy at best timings!
have a good eye.
Kotak trade to takeas the time cycle and the rsi is suggesting this can be a bottom made in this stock so I am watching it carefully
