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 |
19 Tue Nov 2024 | 1727.75 | 1713.50 to 1739.80 | 0.29% | 0.84 times |
18 Mon Nov 2024 | 1722.75 | 1699.70 to 1728.25 | 0.87% | 0.64 times |
14 Thu Nov 2024 | 1707.90 | 1689.80 to 1712.60 | 1.19% | 1.02 times |
13 Wed Nov 2024 | 1687.85 | 1679.05 to 1728.15 | -1.95% | 1.1 times |
12 Tue Nov 2024 | 1721.40 | 1715.20 to 1749.40 | -1.3% | 0.99 times |
11 Mon Nov 2024 | 1744.00 | 1737.20 to 1763.30 | -0.1% | 0.98 times |
08 Fri Nov 2024 | 1745.80 | 1738.90 to 1764.10 | -0.06% | 1.11 times |
07 Thu Nov 2024 | 1746.90 | 1733.00 to 1765.00 | -0.89% | 0.94 times |
06 Wed Nov 2024 | 1762.60 | 1746.60 to 1768.45 | 0.31% | 1.12 times |
05 Tue Nov 2024 | 1757.15 | 1711.00 to 1760.50 | 1.61% | 1.23 times |
04 Mon Nov 2024 | 1729.35 | 1724.25 to 1744.00 | -0.86% | 0.88 times |
01 Fri Nov 2024 | 1744.40 | 1736.35 to 1754.15 | 0.77% | 0.06 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, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
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 1728.4, but if it comes above 1728.4, then a intra day buy could be more profitable.
If you take a sell trade below 1728.4, then use 1728.4 as stoploss and 1703.3 as target. However if you take a buy trade in Kotak Mahindra Bank Limited, then use 1728.4 as stoploss and 1749.32 as target.