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 |
26 Fri Jul 2024 | 67.73 | 66.22 to 68.90 | 1.65% | 0.84 times |
25 Thu Jul 2024 | 66.63 | 66.05 to 67.59 | -0.83% | 0.36 times |
24 Wed Jul 2024 | 67.19 | 64.66 to 67.83 | 3.07% | 0.68 times |
23 Tue Jul 2024 | 65.19 | 62.93 to 67.24 | 0% | 0.53 times |
23 Tue Jul 2024 | 65.19 | 62.93 to 67.24 | -2.07% | 0.53 times |
22 Mon Jul 2024 | 66.57 | 64.98 to 66.82 | 1.4% | 0.46 times |
19 Fri Jul 2024 | 65.65 | 65.50 to 67.69 | -2.29% | 0.62 times |
18 Thu Jul 2024 | 67.19 | 66.70 to 69.90 | -0.74% | 1.33 times |
16 Tue Jul 2024 | 67.69 | 67.41 to 70.80 | -1.54% | 1.45 times |
15 Mon Jul 2024 | 68.75 | 64.80 to 69.70 | 5.64% | 3.4 times |
12 Fri Jul 2024 | 65.08 | 63.52 to 65.97 | 2.59% | 0.64 times |
11 Thu Jul 2024 | 63.44 | 63.15 to 64.40 | -0.46% | 0.29 times |
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, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Bank of Maharashtra is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Bank of Maharashtra stays above 67.6, but if it comes below 67.6, then a intra day sell could be more profitable.
If you take a sell trade below 67.6, then use 67.6 as stoploss and 65.96 as target. However if you take a buy trade in Bank of Maharashtra, then use 67.6 as stoploss and 69.6 as target.