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Stock analysis The Karnataka Bank Limited KTKBANK

More indepth analysis on MunafaSutra.com

Moving Averages for The Karnataka Bank Limited

  • 5Day Average: 237.58
  • 12Day Average: 232.09
  • 20Day Average: 228.55
  • 50Day Average: 219.99
  • 100Day Average: 186.16
  • 150Day Average: 169.76
  • 200Day Average: 164.88

KTKBANK Indicators & signals

Indicator MACD (12,26,9)

233.76, 227.77, 5
Indicator MACD is in positive zone

Indicator ADX (14)

36.24, 29.32, 13.72
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of KTKBANK The Karnataka Bank Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Thu Sep 2023 239.90 237.00 to 251.30 -3.42% 0.78 times
20 Wed Sep 2023 248.40 239.00 to 257.70 3.5% 2.42 times
18 Mon Sep 2023 240.00 232.00 to 245.60 5.26% 1.61 times
15 Fri Sep 2023 228.00 226.50 to 234.00 -1.55% 0.46 times
14 Thu Sep 2023 231.60 229.25 to 234.90 1.07% 0.3 times
13 Wed Sep 2023 229.15 221.25 to 234.75 1.39% 0.61 times
12 Tue Sep 2023 226.00 224.00 to 247.60 -7.28% 1 times
11 Mon Sep 2023 243.75 232.00 to 244.00 5.77% 1.36 times
08 Fri Sep 2023 230.45 226.25 to 237.95 1.99% 1.33 times
07 Thu Sep 2023 225.95 221.70 to 227.20 1.76% 0.51 times
06 Wed Sep 2023 222.05 219.55 to 223.85 1% 0.4 times
05 Tue Sep 2023 219.85 219.00 to 222.90 0.07% 0.33 times

Technical analysis forecast of The Karnataka Bank Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in The Karnataka Bank Limited KTKBANK at this time. Stock is rising and might rise more.

It appears as if The Karnataka Bank Limited KTKBANK gave a large move recently.

Stock of The Karnataka Bank Limited (KTKBANK) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of The Karnataka Bank Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if The Karnataka Bank Limited stays above 238.4, but if it comes below 238.4, then a intra day sell could be more profitable.
If you take a sell trade below 238.4, then use 238.4 as stoploss and 230.25 as target. However if you take a buy trade in The Karnataka Bank Limited, then use 238.4 as stoploss and 248.2 as target.

More indepth analysis on MunafaSutra.com