So, yesterday we had a sudden news flow in this script which was - "RBI barred issuance of new sign-ups through online onboarding and halts issues of new credit cards". What lies ahead for NSE:KOTAKBANK after the RBI ban? Let's take a dig down to its price chart for much better understanding of the current impact and further path of this stock. -...
Kotak Mahindra Bank fell 10.87% today to reach levels of 1642 today which was first achieved approximately 4.5 years back. This fall was because of the news that RBI has barred Kotak from onboarding new customers via online, mobile channels. This is because the tech of the company is not up to the mark causing a lot of inconvenience for customers. These are very...
Kotak has made a base, expecting it to break the upper trendline resistance and give the next move wait for a proper breakout and enjoy the target
Hi Friends , After RBI BAN , incoming days ,kotak bank must move up or down. Its time for Long Straddle ?
KotakMahindra seems to be making a sold base for its next move.
Trend Analysis of Kotak Mahindra Bank, Resistance zone and How to trade in Range
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Multiple time hurdle level 1999 next level 2052 high 2251 let see wrther this time will break
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...
Education purpose only 1st Target - 1792 2nd Target - 1776 2nd Target - 1759
Tomorrow or this week may be just as bad as summer, as the Reserve Bank has announced that it is banning new credit card and online customer sign-ups for Kotak Bank. This is because Kotak Bank has failed to adhere to the guidelines laid down by the RBI. Are you smart enough to buy Kotak Put @ 1870 or wait for new buying opportunities from the low price of the bank
Triangle pattern All targets mentioned on chart Disclaimer:- Please always consult with your financial advisor or do your analysis before taking trade
I find it more like an inverted head and shoulder and then a break out. correct me if i am wrong
Leading Indian Bank has underperformed since 3 and a half year. Currently presenting a good technical opportunity. Do study the chart pattern and do not forget to undertake your own research before making any financial commitments.
KOTAKBANK bullish with 1720 support and looking at 1769 break- its a nulla stock when it comes to trading :}
HDFC Bank and Kotak Bank both are below 200 EMA Also Daily below 40 RSI Weekly below 60 RSI monthly below 60 RSI Keep watch something cooking
Buy above first yellow line and target is mentioned !!! All these are intraday trades Hello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and comment...
Kotak Bank last 15 minute candle ended as bullish engulfing with high volume..so we can go long for monday.