Stock analysis The Karnataka Bank Limited KTKBANK
More indepth analysis on MunafaSutra.com
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 |
| 30 Wed Oct 2024 | 213.07 | 205.86 to 214.60 | 3.07% | 0.82 times |
| 29 Tue Oct 2024 | 206.73 | 200.25 to 208.29 | 2.88% | 0.76 times |
| 28 Mon Oct 2024 | 200.94 | 200.15 to 204.09 | -0.72% | 0.92 times |
| 25 Fri Oct 2024 | 202.39 | 201.44 to 210.98 | -3.07% | 1.11 times |
| 24 Thu Oct 2024 | 208.80 | 206.50 to 212.00 | -2.69% | 1.22 times |
| 23 Wed Oct 2024 | 214.58 | 209.25 to 217.06 | 0.26% | 0.87 times |
| 22 Tue Oct 2024 | 214.02 | 211.20 to 217.87 | -1.3% | 1.01 times |
| 21 Mon Oct 2024 | 216.83 | 216.05 to 223.90 | -2.55% | 1.6 times |
| 18 Fri Oct 2024 | 222.50 | 222.10 to 226.81 | -2.3% | 1.3 times |
| 17 Thu Oct 2024 | 227.74 | 226.00 to 229.98 | -1.18% | 0.39 times |
| 16 Wed Oct 2024 | 230.45 | 224.00 to 231.99 | 1.56% | 0.83 times |
| 15 Tue Oct 2024 | 226.92 | 224.90 to 229.00 | 0.01% | 0.61 times |
Technical analysis forecast for The Karnataka 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 The Karnataka Bank Limited KTKBANK at this time. Stock is falling and might fall more.
It appears as if The Karnataka Bank Limited KTKBANK gave a large move recently.
Stock of The Karnataka Bank Limited (KTKBANK) 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 The Karnataka Bank Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 208.4 as stoploss in an intra day buy trade for a target of 217.76. However, stock will show a bearish move below 208.4.