KOTAKBANK trade ideas
Potential Correction on Kotak mahindra Bank1360 is an Important level for Monday. We can see a good correction if it's breakdown it.
Stock being manupulatedDid some analysis based on delivery percentage of traded quantity, number of trades taken and total traded quantity.
price was increased on 15th march
but after that the price is just moving side ways and forming upper wigs.
Sell - expecting reversal on Kotak bankSell side of kotak bank if the bank nifty also on sell side. Expecting it to be on downside.
Kotak Bank Correction Inevitable!Kotakbank is going to give a big deeper correction towards 950 levels. I would keep a stoploss at 1360 and short Kotakbank at current levels or if it goes little higher.
Happy Trading!
Siraj Hudda
www.wavetradingacademy.com
kotak revert from resistanceAs revered from resistance ,this can be a short below defined levels with strict SL
KOTAK BANK Long SetupBuy NSE:KOTAKBANK around 1122
Target 1 : 1174.6
Target 2 : 1201.15
Stop Loss : 1094.75
KotakBankDespite Nifty correting about 100 points, this stock remained unaffected. So there is some hope for achieving targeted price.
KotakBankRepeated
Buy 1403-5, Trgt 1425-30, SL 1395. Rationale: About to breakout at and above 1400, non-tainted bank, strong bullish chart, Multiple breakouts.
KotakbankBuy 1403-5, Trgt 1425-30, SL 1395. Rationale: About to breakout at and above 1400, non-tainted bank, strong bullish chart, Multiple breakouts.
Today trade did not trigger. So it is repeated.
