KOTAK MAHINDRA BANK : COMPLETES CORRECTION Kotak Mahindra Bank completes Pricewise And timewise Correction on Daily basis...and Breakout
Go long for target 2400 in next 3 months with SL 1650
Kotakmahindrabank
KOTAKBANK ::: BULLISHDATE: 30 MAY 2021
INSTRUMENT: KOTAKBANK
TREND: BUY
TIME FRAME: DAY
CMP: 1800.75
BUY ABOVE: 1815
STOP LOSS: 1746
TGT 01: 1843
TGT 02: 1902
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KOTAK Mahindra BANK - DARVAS BOX + RISING RSIKotak bank chart looks interesting for me, while many private and PSU banks has rallied a little bit, this bank has not moved that much and the price is consolidating is a narrow range.
And look at the RSI setup, it is gradually increasing daily which clearly tells you the price is getting ready to breakout soon.
Enter after the breakout - KotakbankEnter after the breakout or above 1770. Though the banking sector is in good bullish momentum, It might give good returns
KotakBank All the key levels are mentioned in chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
KOTAK MAHINDRA BANK is in buying zoneYou can buy Kotak Mahindra bank for the short-term and long-term. The short-term target will be 2015 or above with a stop loss of 1680.
buying price 1750-1800
KotakBank KotakBank
Given symmetrical triangle Breakout
Can go long with Stop-loss of 1868
for target of 1924, 1964, 2016,& 2049
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Kotak Bank Accumulation zone between 1850 to 1800Harmonics Pattern with 1.414 FIB Reaction today
1.618 FIB around 1810 + Price action based Support
Accumulate between 1800 and 1850 with SL as 1780-1785 (SL on Daily closing basis)
Kotak Bank Im Buying For Swing 1 week Im Buying Kotak Bank With Small Stop loss to 1945 target to 2000 +
Bank Nifty Is strong for coming week..
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
BUY KOTAKBANK above 1948.40 tgt 1970 sl 1940weekly breakout and also nifty financial index is also looks good . kotakbank can be buy if it cross 1948.40 . with a condition the price should come only after 9.45 . i hope you are aware of ORB strategy .
kotak mahindra bank reached to the supply zone on weekly time frkotak mahindra bank reached to the supply zone on weekly time frame can short once breakdown rising wedge
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.
KOTAK TRIANGLE BRAKE OUT KOTAK BANK ALMOST BRAKING THE RESISTANCE LINE. LET SEE AND WATCH HOW THIS TRADE DEVELOPS
KOTAKBANKSHORTSELL KOTAKBANK , BANK STOCKS WILL GET MORE NPA'S AFTER COVID ,PVT BANKS HAVE MORE EXPOSTURE TO BAD LOANS.
KOTAK MAHINDRA BANKAfter 5 unsuccessful attempts, finally a breakout suggests the stock is ready for a fresh rally.
The last days candle did a retest and also closed well above which indicates strength.
Enter on any dips if available.
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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.
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 - Bounce or breakdown ?NSE:KOTAKBANK will it bounce from the trend line support or breakdown.
keep track of this script.
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
