BUY SETAP -BUY - 964 SL - 940DAILY FINANCIAL WISDOM: Open your eyes, trading opportunities are all around you...
KOTAKBANK trade ideas
buy setapDAILY FINANCIAL WISDOM: Just as in trading, "a sailor can't control the wind, but he can adjust the sails..."
Kotak is giving a good chance..Dont be late ...Good luck guys,,All the best and have happy trading..
Kotak bank forms Alt Shark Pattern, good to buy on dips It is good to buy on dips around 700 with SL around 680 for the TP of 750/775
KOTAK MAHINDRA BEARISH CYPHERPOTENTIAL BEARISH CYPHER @811 to 817 WITH POSIIBLE TARGETS OF 795.....790.......i relly dont know the exact cypher co-ordinates........
Kotak Bank forming Bearish PIN-BAR PatternOn hourly chart, it is been observed that the price action forms bearish Pin-Bar pattern that indicates rejection of higher prices and weakness. It also states that there is high selling pressure from sellers that shall take the price down. It is also important to note that there is a GAP on hourly chart that shall be filled during the weakness. Therefore, it will beneficial to initiate fresh shorts and covering long positions.
Target 1: 793
Stoploss: 823
Duration: 2-4 days
KOTAKBANK 250% FIb Extension and Bearish Megaphone PatternKOTAKBANK 250% FIb Extension and Bearish Megaphone Pattern. Target lower bound of Megaphone
KotakBank - Forming a LEADING DIAGONAL TRIANGLE pattern It is interesting to watch the price action forming a leading triangle as it can represent a new Wave 1 after a all time high breakout. This chart pattern is generally known as continuation trend pattern and subdivides wave structure in 3-3-3-3-3-3 that indicates consolidation between buyers and seller to move prices.
The breakout from here on will define trend and keeping it on my watchlst for tomorrow.
Kotak Bank - Elliott Wave Correction Waves ABC Completed (BUY)As per the Elliott Waves, After Kotak breaking out from the all time high prices, now it has corrected with ABC correction. It is an ideal time to get in the trade and target for 780 levels.
Go Long.
Kotak Mahindra Bank - A BIG BUY Currently, the price action of this one has broken all time high at range of 734-744, now after a breakout it has made a doji candlestick on the previous resistance range and made it a new support (In case, the price action goes below the new support range then it might be called as a false breakout) and I believe the price action of buyers will take the price further in north in coming days.
Good time to enter a long trade for breakout traders or swing trader.
As per elliott waves, it has just completed a wave cycle of 8 waves on daily chart (kindly find the picture of it in comments) and should go on with rally further to begin with new wave cycle.
Risk/Reward is 1:3 for the first target.
TRADE WHAT YOU SEE
KOTAKBANK breaking out KOTAKBANK breaking out after one and half year long consolidation. Could move up by 10% more before correcting. Target of 845 and SL of 744.
Kotak Bank - Breakout SELLShort term Breakout trade, keep your targets and stoploss intact as this is a short correction of a upward trend move.
KOTAK MAHINDRA SELL SETUPSIMPLE TRADE BASED ON TREND LINE.THERE IS THREE TARGET ON DIS STOCK SO PLEASE SEE CAREFULLY. ENTRY STOP LOSS AND TARGETS GIVEN ON CHART.
IF YOU AGREE WITH MY VIEW THEN PLEASE HIT LIKE AND FOLLOW ME FOR MORE UPDATES AND IDEA'S I REALLY APPRECIATE THAT.
TRADE WITH CARE
REGARDS
KING999
Kotak Bank - A BIG SHORTIt is moving within the trend line for a while and now it has touched the resistance trend line, which indicates a reversal.
Situation two key points,
1. Overbought AO ( reversal indicator)
2. Bearish Cypher pattern completion at trend line
