Stock analysis Bank of Maharashtra MAHABANK
Recent prices of MAHABANK Bank of Maharashtra are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast of Bank of Maharashtra 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 Bank of Maharashtra MAHABANK at this time. Stock is rising and might rise more.
It appears as if Bank of Maharashtra MAHABANK gave a large move recently.
Stock of Bank of Maharashtra (MAHABANK) 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 Bank of Maharashtra is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 45.1 as stoploss in an intra day sell trade for a target of 42.37. However, stock will show a bullish move above 45.1.