The chart is pretty self-explanatory as always. Also, as usual, below are some good-to-know pointers: - The stock has been range-bound for 2.5+ Years with clear support and resistance - The 2000 mark holds a strong resistance - The stock has a death cross on its daily chart - The PE has slightly improved - Now to the breaking news: - Mr. Uday Kotak has resigned...
expecting 'DOWNTREND' in the following week. 1600 range could be the BEST place to buy (because the presence of WEEKLY DEMAND ZONE ). The target will be ATH or even more can be expected due to consolidation period of more than 3 years.
Kotak Mahindra Bank Weekly chart break trendline 1Target 1675 2Target 1630 & 3Target 1250 go for Short..
Kotak Mahindra Bank Ltd. is the flagship company of the Kotak Group. It is one amongst the fastest growing banks and most admired financial institutions in India. The Bank offers transaction banking, operates lending verticals, manages IPOs and provides working capital loans. The principal business activities of the Bank are organised into consumer banking,...
Kotak Mahindra Bank Ltd. CMP – 1818.55 Market Capitalization Rs 3,61,442.6Cr Red Flags:🟥 Declining cash from operations annual FIIs are decreasing stake Green Flags:🟩 No debt Zero promoter pledge MFs are increasing stake Improving annual net profit Promoter holding increasing Previous Happy Candles Number – 41/100 New Happy Candles Number – 51/100 Fresh...
Kotakbank Forming inverse head and shoulder pattern Looking good for tgt 1815-1820-1840++ in very short term. Keeping on radar Kotakbank 1800 CE
Kotak Bank CMP 1813 Gann Date : 16-Sep-23 Trend defining level : 1816 (Magic Level) Magic Level above - Buy Magic Level below - Sell SL always 2% from Magic level.
Publishing the TrapZone Pro charts on the daily timeframe for the Top 4 Indian Banks. They all look Bullish except Kotak Mahindra Bank at the moment. Will keep this Idea Up dated every few days for reference.
1. Kotak Bank weekly chart. Has been a late mover, but has closed with a solid bullish bar at the 1980 resistance level after a bullish RSI divergence. 2. Breakout could lead to 2200 and all time highs thereafter. ❤ & follow for more.
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..
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.
Bullish in Kotak Mahindra Bank for intraday , Seeing pattern a taret of 1910 is possible. Note- This idea is purely for educational purpose. Not a trading or investment advise. Always consult your broker or financial expert before trading or investment decisions.
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...
Just go where it breaks easy trend picks buy next month CE/PE lots ur wish. profits can be booked with my targets.
The stock is currently making a corrective structure and is likely to extend further to at least 61.8 fib. level. 1500 may be a good level to watch; below that we could also see 1420. This is based on the Elliott Wave Theory.
KMB CMP is 1783 at support level, The price is swinging in between, from nov month 2020. 1700-1900(250points) level, IAM BULLISH BECAUSE HAMMER PATTERN & BULLISH ENGULFING AT SUPPORT LEVEL, TODAYS CANDLE IS A REVERSEL ON 23 jan 2023 RSI SHOWING UPWARDS, RESULTS ARE POSTED GOOD NUMBER, THERE MAY BE SOME UPWARD MOVE SL IS BELOW SUPPORT TARGET 1950
As per my analysis NSE:KOTAKBANK best buying level is 1780 with stop loss of 1745 (-35 Points). My expected up side target will be 1850 (+70 Points). Note: This is my personal analysis, only for learning. Thanks.