KOTAKBANK trade ideas
Kotak Bank look for breakout .Kotak Bank is forming a descending triangle. Though breakout can be seen either side .
Kotak Mahindra Bank... All trading levels..Broader range seems to be from 1670 to 1770..
All trading levels defined....
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Short sell - Kotak Mahindra bankOn daily charts, the stock has been in a consolidation mode since many months. Today it has taken a strong resistance so we can expect it to test its support of 1690. The SL should be 1758 daily basis. However, if the stock breaks 1690 then we can expect it to test its previous support, ie 1531. Banknifty is not performing from last several months and one can expect it to under perform due to global cues.
Profitable tread Kotak Bank break 1680 level with higher volume then go for short position otherwise Kotak Bank sustain at 1750 - 1725 level then buy stock and next target is Rs 1800 - 2000.
Kotak Quarterly Earnings CallTriangle chocked here. Now Earnings gonna out n will determine breakout or further plunge.
As large-cap n specially banking underperformed index, one can long here through 'call ratio back spread' or 'bull call ladder' strategies.
Price ActionCan use the lines as Support and Resistance zones
If it closes beyond those lines, we can expect a breakout
These zones can be used as short term trades
Kotak Mahindra Bank - Triangle breakout - Look BullishIt took continuous support from 200 EMA and triangular breakout found. Sustain above Rs 1830 takes to Rs 1925
KOTAK BANK | Falling Wedge | Swing Trade ideaKOTAKBANK is following a falling wedge pattern/Descending triangle pattern with high demand in the rectangular area. The stock has been consolidating for the past few weeks and is awaiting a big move. MACD shows little or no momentum in the last two months. The stock is currently just below the 200 MA consolidating. It has a higher chance of breaking out upside in the coming days.
The trade can be taken with an RRR of 1:5 after the breakout. First target (1:1.5) is 1830, second target 1905(1:3) and final target is 2000 - (1:5).
CMP - 1735
Wait for the breakout to enter.
Sharing for educational purpose only.
Swing plus preempting breakoutKotak Bank is consolidating on weekly chart. It's on its important support. We can buy this stock with the SL of 1668 weekly basis. Upper side first target should be 2025. Remember, This is make or break level. Keep a strick SL.
Kotak bank...... buy or sell ??1748 will act as a strong hurdle on closing basis.
expecting pressure upto 1680-1650.
Looks like under pressure.
KOTAKBANK Daily Bullish ALT BAT
VERTICAL DOTTED LINE is Ultra high volume down bar Higher volume-Professionals are buying into the public selling
ULTRA HIGH VOLUME for going LONG we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR
Low volume shows no interest to the downside from “Smart Money” so prices will not go lower..
Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY Price on breaking of ULTRA HIGH VOLUME Candle HIGH with NO SUPPLY i.e place for BUY
Which is best patterenWhich is best patteren oatteren out of three
1. Descending triangle
2. Double top
3. Pole and Flag
Just wanted to guess and learn, Only for study purpose.
Buy Kotak Mahindra BankHas been consolidating for a long time now. A meaningful breakout today or tomorrow will push stock towards 2100.
Kotak is about to breakthrough from a triangle patternIt's reached near the top of the triangle pattern. It is also an all time low in the last 6 months. This can be a good setup for swing trading. Expect 15% returns over one month.
Sell @ Market Price Tp =Analyisis based on wyckoff theory, Neural Network, GANN analysis.
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