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 |
| 25 Thu Apr 2024 | 226.90 | 224.00 to 229.50 | 1.18% | 2.21 times |
| 24 Wed Apr 2024 | 224.25 | 222.95 to 227.05 | -0.22% | 1.08 times |
| 23 Tue Apr 2024 | 224.75 | 224.25 to 227.90 | 0% | 0.92 times |
| 22 Mon Apr 2024 | 224.75 | 222.65 to 227.40 | 0.6% | 1.05 times |
| 19 Fri Apr 2024 | 223.40 | 220.50 to 225.50 | -0.98% | 0.84 times |
| 18 Thu Apr 2024 | 225.60 | 225.00 to 228.85 | -0.09% | 0.94 times |
| 16 Tue Apr 2024 | 225.80 | 224.45 to 227.75 | -0.13% | 0.8 times |
| 15 Mon Apr 2024 | 226.10 | 225.15 to 229.90 | -2.65% | 1.56 times |
| 12 Fri Apr 2024 | 232.25 | 231.90 to 235.00 | 0.04% | 0.96 times |
| 10 Wed Apr 2024 | 232.15 | 230.70 to 234.25 | -0.28% | 0.79 times |
| 09 Tue Apr 2024 | 232.80 | 231.40 to 237.00 | -1.13% | 1.06 times |
| 08 Mon Apr 2024 | 235.45 | 234.00 to 239.90 | -1.26% | 1.06 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, and stock might move down till 224.2 or till 218.5. Use a stoploss of 229.01 and if the stock hits stoploss, then it can shoot up till 233.81