Stock analysis Kotak Mahindra Bank Limited KOTAKBANK
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Recent prices of KOTAKBANK Kotak Mahindra Bank Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 30 Tue Apr 2024 | 1623.95 | 1620.00 to 1647.00 | -1% | 1.38 times |
| 29 Mon Apr 2024 | 1640.40 | 1609.50 to 1647.25 | 1.98% | 0.85 times |
| 26 Fri Apr 2024 | 1608.50 | 1605.00 to 1655.00 | -2.07% | 1.68 times |
| 25 Thu Apr 2024 | 1642.45 | 1602.00 to 1697.80 | -10.87% | 5.03 times |
| 24 Wed Apr 2024 | 1842.80 | 1807.80 to 1845.50 | 1.64% | 0.25 times |
| 23 Tue Apr 2024 | 1813.05 | 1803.10 to 1829.00 | 0.17% | 0.45 times |
| 22 Mon Apr 2024 | 1809.95 | 1800.00 to 1822.50 | 0.97% | 0.47 times |
| 19 Fri Apr 2024 | 1792.65 | 1763.00 to 1805.00 | 0.33% | 0.29 times |
| 18 Thu Apr 2024 | 1786.75 | 1783.10 to 1813.00 | -0.33% | 0.32 times |
| 16 Tue Apr 2024 | 1792.60 | 1775.65 to 1804.60 | -0.31% | 0.31 times |
| 15 Mon Apr 2024 | 1798.15 | 1780.00 to 1809.70 | -0.82% | 0.33 times |
| 12 Fri Apr 2024 | 1813.05 | 1799.35 to 1818.10 | -0.71% | 0.3 times |
Technical analysis forecast for Kotak Mahindra Bank Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Kotak Mahindra Bank Limited KOTAKBANK at this time. Stock is falling and might fall more.
It appears as if Kotak Mahindra Bank Limited KOTAKBANK gave a large move recently.
Stock of Kotak Mahindra Bank Limited (KOTAKBANK) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Kotak Mahindra Bank Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Kotak Mahindra Bank Limited stays below 1667.3, but if it comes above 1667.3, then a intra day buy could be more profitable.
If you take a sell trade below 1667.3, then use 1667.3 as stoploss and 1583.7 as target. However if you take a buy trade in Kotak Mahindra Bank Limited, then use 1667.3 as stoploss and 1736.9 as target.