KOTAK MAHINDRA BANK, Triangle BreakoutAfter a long sideways trend Kotak Mahindra bank today has shown some signs of a Breakout.
The targets are already mentioned.
KOTAKBANK trade ideas
My view on Kotak bankKotak bank looking good.Forming inverse H&S pattern.Above 1810 should hit 1840-1860-1880++
Kotak Mahindra Bank is ready To breakout Once Kotak Mahindra Bank break 1820 it will break for target 2250 in next 6 months
KOTAK MAHINDRA can go up 20% targeti have mentioned kotak mahindra in this video
and also dicussed such a wonderful strategy which tells how to stay in any stock when target not get to hit without any headache .
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Trading Pennants You can see a pennant formation in this dailychart of Kotak Mahindra, most likely to give a breakout. Pennant A gave a breakout but sellers took the hold and price again tested the support level and again buyers took the charge. Stock has touched 1702 support level many a times never breaking down. Buyers always take the hold of it whenever it touches the support level. A solid consolidation above the support line, along with two pennant formations, predicts a good upcoming rally which may touch the resistance level around 2000. Target Price-2025, SL- 1700.
brokout finally........u can notice clearly after a very long consolidation finally kotak bank has brokout
Target 1820++
Kotak MahindraExpecting a Bullish Momentum after a deep correction, Seems buyers are in..
Time to Book some profits ..
Price ActionTrend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
near horizontal resistance breakout in kotak bankTECHNICAL SET UP
horizontal resistance
RSI 66
this time green candle with good volume is formed
near horizontal resiatnce
TRADING HIGHLIGHTS
BUY = above 1825 on closing basis
stoploss= 1762
target 1= 1920
KOTAK MAHINDRA BANK as on 23.08.2021CORRECTION DONE!!
CANDLE RTESTED PERFECTLY!!
Hammer candle formed today!!
A Good call!!
Going according to my analysis!!
VISIT PROFILE FOR FURTHER ANALYSIS!!🔥❤️
(ONLY FOR STUDY PURPOSE)
KOTAK MAHINDRA BANK as on 06.08.2021FALLING WEDGE PATTERN FORMED!!
Breakout candle also formed!!
MACD showing strength!!
RSI above 60!!
SAME PATTERN FORMED IN A WEEKLY CHART TOO WITH BREAKOUT!!
Flag formed in a Monthly chart with a breakout candle!!
EMA 5DEMA crossing 13 and 26 DEMA in day chart!!
SO many confirmations!!
CAN MAKE A NEW HIGH!!
TARGET=1900/2000
STOP LOSS= 1750/1630 OR TRAILLING STOP LOSS!!
(THE ABOVE ANALYSIS IS ONLY FOR STUDY PURPOSE DO NOT TAKE IT AS ANY BUY OR SELL CALL)
kotak bankkeep in radar , has given falling wedge breakout . may come to 1730 level for retest , one can add for target 2100
Buy KOTAK MAHINDRA BANK - CHANNEL BREAKOUT-POSITIONAL Refer chart for more details
Buy @1780 for target of 1930.
Stoploss daily close below 1750
Long Trade opportunity in KOTAKBANKThis scrip had brokeout from a triangle pattern few days back, now it looks like sort of consolidation for me. It is now trading between the demand zone and trend line resistance and there is a high probability for a bullish move in this scrip.
So after analysing my view on your own you may long this scrip now and may have your Stop Loss just below the demand zone with first target of Rs.2000
Kotak bank seems bullishThere is falling wedge breakout in daily time frame
RSI shoing positive diversion
SMA 44 crossed up side
bank nifty made new high
I am expecting some up move in kotakbank
NSE : KOTAKBANK - KOTAK MAHINDRA BANKChart is self explanatory.
Comment if in doubts.
Good bank, but bearish short term.
Technical trade setup.
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)
KotakBank - ShortKotak Bank CMP - 1642 *Positional Trade* Looking bearish in higher time frame. One can go Short with mentioned key levels in chart.
If you like this idea and this Analysis just please like this idea and leave a comment.
Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose
Above 200 EMA, waiting for a BreakoutKotak has crossed 200 EMA on daily charts, and appears to breakout of the wedge pattern...it had been falling since some time - from 2049(52 week high) to almost 1600's...if the market remains steady it will breakout and move up..targets marked
Kotak Mahindra BankTrade setup:
Note: This is just a paper trade.
Daily: broke the descending triangle or falling wedge, with above average volumes.
entry = 1652 INR
SL = above 200 EMA (1727 INR).
Target = 1532 INR (next support zone).
RR > 3
KOTAK BANK SIMPLE VIEW kotak bank simple view chek chart and enjoy more ditile find my tweeter id more update
