if Price unable to hold than next Support is 1200 Rs right now market is bullish so we expect it to go above but we will wait for perfect entry rather than gambling
My previous chart on kotak mahindra bank is a little off, so i thought i'll make a fresh one. Bullish Signals The daily candle formed a bullish engulfing candle. The Stochastic RSI is oversold and is attempting a reversal. The MACD on the Daily is converging and had a bullish crossover on the 4H. This is currently a sideways market, Bollinger bands...
fundamental good and available on discount price for BTST or short term period chart sgows upside breakout will take initiative soon and reach range @1230
Hello Friends Don't Take any trade its just view we get a better opportunity of confirmation trade in it After breaking it out !! Waiting for new control price According to Elliote wave its target toward 263 30 min Lol I am confused in it Thanks
Technical Analysis If you look at the MACD on the 3 Hour chart you can see a bullish convergence with a crossover nearby. - RSI Showing similar pattern which played out on April 8th, same goes with the MACD. - Kotak recently retested the strong support line as shown in the chart. Fundamental Analysis Kotak Mahindra Bank reported net profit at Rs 1,267...
KOTAKANK - GO SHORT @ 1234 WITH A SL OF 1377 AND A TARGET OF 781. TARGET SHOULD BE ACHIEVED BY JUNE END
Coming week is rough for the banking sector as Bank Nifty shows signs of weakness with a converging MACD. Just trade the range. - Kotak Bank MACD also showing signs of weakness. Based on how it plays out on Monday I will update this trade. -Kautilya.K
Looking good on a LTF. Bought into it, let's see how it goes. Although I will be watching this very closely for Sell signals. Will update when required. - Kautilya.k
Perfect short between 1367 - 1390 range. Sl - 1397 support 1346 Target is huge in downside.
Targets as per trend lines till expiry. Already holding a long call on this. VWAP Details:- 20-Apr-2020 1,193.96 21-Apr-2020 1,139.48 22-Apr-2020 1,143.24 23-Apr-2020 1,219.86 24-Apr-2020 1,240.67 27-Apr-2020 1,300.57 Most probably I will book profit tomorrow. Please share suggestions or any idea.
If it breaks the triangle, then it will go upto 1417.75. If it falls then it will take support at 1160, then it will rise till 1417.75 (22% gain)
Took support from lower level. May be consider for buying.
KOTAKBANK - GP SHORT @ CMP WITH A SL OF 1450 AND A TARGET OF 770. TARGET SHOULD E ACHIEVED NY 8 MAY 2020
Friends, please support this idea with LIKE if you find it useful. Looks like Kotak Mahindra Bank is also in downtrend. Use the pullback to get in. Thank you for your support, I appreciate it. Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan...
Hello Everyone, Levels are given on the chart. Consider these level for setup your Intraday in Bank Nifty Index today.
Go for short after the restest done! don't go for options, use it for positional and intraday