Stock analysis Bank of Maharashtra MAHABANK
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Recent prices of MAHABANK Bank of Maharashtra are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 20 Fri Dec 2024 | 54.74 | 52.76 to 55.78 | 3.13% | 3.81 times |
| 19 Thu Dec 2024 | 53.08 | 52.24 to 53.60 | -0.49% | 0.71 times |
| 18 Wed Dec 2024 | 53.34 | 53.01 to 55.24 | 0% | 1.17 times |
| 18 Wed Dec 2024 | 53.34 | 53.01 to 55.24 | -3% | 1.17 times |
| 17 Tue Dec 2024 | 54.99 | 54.70 to 56.25 | -2.24% | 0.91 times |
| 16 Mon Dec 2024 | 56.25 | 55.65 to 56.58 | 1.21% | 0.81 times |
| 13 Fri Dec 2024 | 55.58 | 54.18 to 55.90 | -0.52% | 1.23 times |
| 12 Thu Dec 2024 | 55.87 | 55.57 to 56.49 | -0.97% | 0.76 times |
| 11 Wed Dec 2024 | 56.42 | 56.30 to 57.49 | -0.7% | 0.83 times |
| 10 Tue Dec 2024 | 56.82 | 56.70 to 57.86 | -0.82% | 1.26 times |
| 09 Mon Dec 2024 | 57.29 | 57.11 to 58.56 | -0.95% | 1.15 times |
| 06 Fri Dec 2024 | 57.84 | 57.13 to 59.39 | -0.84% | 2.88 times |
Technical analysis forecast for Bank of Maharashtra 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 Bank of Maharashtra MAHABANK at this time. Stock is falling and might fall more.
It appears as if Bank of Maharashtra MAHABANK gave a large move recently.
Stock of Bank of Maharashtra (MAHABANK) 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 Bank of Maharashtra is bearish for shortterm, and stock might move down till 53.5 or till 51.7. Use a stoploss of 55.12 and if the stock hits stoploss, then it can shoot up till 56.7