almost 37% Upside pontential long term growth assumed in KOTAKBANK So here investment levels to watch 👀
📝 Key Observations Consolidation Phase 📊 The stock is currently trading within a range of INR 1,697 - INR 1,951, forming a consolidation phase. My break this time.
This represents an accumulation zone, indicating that buyers and sellers are in balance. A potential breakout is expected, which could lead to a strong upward trend.
Targets (TP) 🎯 TP-1: INR 1,852.55 🟠 (Immediate Resistance Level). TP-2: INR 1,951.70 🟡 (Range Upper Boundary). TP-3: INR 2,065.40 🟢 (Breakout Target). TP-4: INR 2,251.20 🚀 (Long-Term Target). These targets align with key resistance zones, representing price points where the stock may pause or reverse.
🔷️Entry & Risk Management ⚠️ Ideal Entry Point: Around INR 1,697.50 🟦 (Support Level). 🔴Stop-Loss (SL): INR 1,603.95 to manage risk if the trade goes against expectations. The risk-reward ratio is highly favorable, making this setup attractive for long-term investors.
📶Long-Term Upside 📈 The analysis suggests a 37% upside, projecting a price of INR 2,250+ by 2025 🌟.
This projection aligns with the stock's historical performance and potential future growth.
🔍 Patterns & Projections The X-Y-Z wave projections on the chart depict possible price movements. X Wave: Initial upward momentum post-breakout. Y Wave: Temporary correction before resuming the uptrend. Z Wave: Continuation to higher highs. The green zone (consolidation range) acts as a launchpad for future growth.
📌 Takeaways Plan Smart: Follow the entry level and stop-loss strictly to manage risk effectively. Growth Potential 🚀: The stock shows strong long-term bullish prospects. Risk-Reward: This setup offers high potential rewards with a well-defined risk framework.
🔴DISCLAIMER: I AM NOT A SEBI-REGISTERED ANALYST. SECURITIES AND INVESTMENTS ARE SUBJECT TO MARKET RISKS. PLEASE READ AND UNDERSTAND THE TRADING IDEA CAREFULLY BEFORE MAKING ANY INVESTMENT DECISIONS. INVEST WISELY AND AT YOUR OWN RISK. 📉📈 If you really like this idea.... Like,share,subscribe Alpha_strike_trader
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