First Head & Shoulder pattern will BO the target is mentioned. (This month) & Descending Triangle BO will be the move in Next month(April). Short term target as mentioned in chart. Happy Trading
This stock is trading in bearish channel... now it is at the channel break out... on top side this wants to test the supply zone at 1800 levels. If price breaks the trendline to topside, price will again fall from this supply zone area. keep looking for short side continuation from this supply zone or breaks the trendline on bullish side and retrace to enter short side.
This stock is now in completely consolidation stage. A strong Rally base Rally is observed in this stock from 1300 levels... consolidation to manipulation will be observed below the support levels... then chances of distribution is more.. so look for long, one more rally indicating long opportunity in this stock price.
In higher time frames this stock is trading in a range...from long time now this stock price is at its demand zone.... multiple times price takes the support from this levels... If price comes to 1700 levels, then also keep in long side... no short is recommended in this stock...keep looking for long opportunity as long as price is above 1700 levels.
After filling the bullish gap price is showing bullish pressure.... this stock is trending downwards from several days... now this is turned to be bullish....keep in long side... If sellers unable to push the price downwards again buyers will take this to higher levels...
The stock is trending downwards.... price is now near to bullish gap...a strong rise is observed from this gap... If it is a bullish turn price will take the support from this area... then look for buy side.... If this area pushes the price upside...we will on long side until the trendline... again will look for sell at trendline if no break detected. If It is a...
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..
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..
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.
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).
very very very dangerous pattern on 1 month chart of kotak bank destruction incoming
From the past few experiences we have watched Kotak Bank respecting its support level of 1668, which is also a strong psychological level. The price has now come again to the zone, and also the 200 EMA is providing a support to the price on the weekly timeframe, we do have a horizontal as well as trend line support. So we should expect the price to move in...
Just go where it breaks easy trend picks buy next month CE/PE lots ur wish. profits can be booked with my targets.
Kotak bank breaking crucial trendline support. If the market trend continues to be bearish, we can also see a good fall in this stock. The next target can be expected below 1700 levels. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any queries. Disclaimer:-...
Kotakbank : after downtrend in hourly charts now breakout of LL LH and created W pattern. also its near Flip resistance. If resistance break and and retest it will start upward journey in hourly chart. If unable to sustain then it can go back to retest support zone. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My...
Kotak bank is moving at a crucial zone. Possibility of going down is high as it has reversed from the above resistance and it is heading again towards it support zone. As the market is still on bearish side, the chances of a good downfall is more possible. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also...