After a strong fall price is slowly coming upwards to test the supply zone. reaching the supply zone in a bullish channel... now price is near to its previous demand area ...if this acts as resistance price falls. if acts as support again reach the upside... we have bullish gap left below....keep track these zones..
Kotak Bank is at Support level. CMP: 1861 SL: 1815 Target 1: 2230 Target 2: 2400 Reason 1: Fibo Support level at 0.58 Reason 2: Inverted Head & Shoulder Pattern Segment: Equity Delivery 9834 621 628
Observations:: price clears all the demand zones on bottom side... Area of interest to sell is 1910 and 1940 range. now price is coming back to test the if the previous demand zone acts supply zone price fills the gap on bottom side @1760 range..
Hello Traders I Hope You Are Doing Well. Today I Am Sharing My Kotak Bank Chart Analysis For Tomorrow Morning.
Observations:: Left Shoulder: @1980 Head @ 2060 Right Shoulder :: if forms @ 1980 we have a strong neckline @1860, which will push the price up to right shoulder again.. if price breaks the neckline will observe a retracement to neckline or 1900 zone, then look for sell until the bullish gap finished on bottom side @ 1780-1770 levels.
NSE:KOTAKBANK One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and...
Observations:: ----->> The stock is facing resistance multiple times from the resistance zone @1980. It is broken the trendline and retested the supply zone and waiting for breakout ot breakdown. if it wants to test the Supply one more time or breakout above the resistance @1980. Dont forget the demand zone, it will acts as a support. And this will take the...
Observations:: Test of Supply one more time to false breakout or continue fall Broken the trendline and retest is observed, it will fall or raise towards the resistance. Facing resistance @ 1980 zone. Keep 1st target @1870 levels, may price rise again. we have Bullish gap left @ 1780 levels, Before going to fill this gap can we expect any up move towards...
KOTAKBANK Observations: ----After Huge Gap of 65 Points Price moving upwards. ----> with Strong consolidation showing bear trap(false breakdown) price moving upwards again. ----->we have a resistance at 1980 zone, we can expect the price to reach this zone. -----> further price action is needed whether its reversal or breakout from this zone(1980).
Hello to everyone, Kotak Bank trading near weekly support zone & RSI Bullish Divergence also happening near support zone , which gives double confirmation that the price may go upside. So here perfect low risk and high reward setup. #KOTAK MAHINDRA BANK📈📉 👉🏻Stock approaching strong demand zone✅ 👉🏻 1690-50 Support👍 👉🏻Stock bouncing from support📈📈 👉🏻RSI...
Kotak Bank has been taking a beating for last 3 months, and I think it's about time that it started attracting some big investments again. My view on this stock is bullish right now, and we can expect the move to realise in next 2-3 months, i.e. May 1(around the time of their next financial report). Kotak is a fundamentally strong bank, that has generated...
NSE:KOTAKBANK Is trading near a supply zone on daily timeframe CMP-1947, do your own analysis before investing, this is not a buy/sell recommendation
Kotak should give good profit on the down side from here
NSE:KOTAKBANK Range bound trading setup Seems like not the right time to buy at this time. Already over priced. Wait for the lower range touch down. Consider buying at the green box level. And sell at the upper range trend line. *Not a financial advice to buy or sell. Only speculations. My charts speaks louder than words. I'm a chartist and I paint charts.
the above chart is of kotak bank it given a trendline breakout and volumes are increasing along with rsi above 55 if banknifty shown strength then we can see a further conrinuation in the trend of the kotak bank for the higher targets NSE:KOTAKBANK
KOTAKBANK is in bearish poll and flag and targets are marked in chart
very very very dangerous pattern on 1 month chart of kotak bank destruction incoming
this pattern is very similar to adani ports have been watching both stocks very closely no matter what the media says when it is looking bad on charts it is bad in real levels of below 1550 look real now as the falling trendline support is there time will tell where it make bottom all influencers and you tubers were seen promoting kotak bank for long term...