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(KOTAKBANK) Kotak Mahindra complete technical analysis [charts+indicators] | Buy/Sell Kotak Mahindra | (KOTAKBANK) share price targets

Complete technical analysis of Kotak Mahindra (KOTAKBANK) by charts plus indicators, forecast predictions and share price targets for Kotak Mahindra (KOTAKBANK)

10 day averaged volume of Kotak Mahindra is 19753428

Date Daily Closing Price Open High Low Volume
06 Mon May 2024 1624.30 1605.00 1633.00 1594.00 1.094 times
03 Fri May 2024 1546.70 1583.00 1587.90 1543.85 0.816 times
02 Thu May 2024 1575.65 1590.00 1594.50 1552.40 1.349 times
30 Tue Apr 2024 1623.95 1640.40 1647.00 1620.00 0.922 times
29 Mon Apr 2024 1640.40 1610.10 1647.25 1609.50 0.568 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1637.8, but if it comes above 1637.8, then a intra day buy could be more profitable.
If you take a sell trade below 1637.8, then use 1637.8 as stoploss and 1524.8 as target. However if you take a buy trade in stock , then use 1637.8 as stoploss and 1732.01 as target.

Share price targets for Kotak Mahindra (KOTAKBANK)

Target Type Value
Downside Target 1543.85
Downside Target 1594.00
Upside Target 1752.40
Upside Target 1775.70
Upside Target 1803.90
Upside Target 1813.00
Upside Target 1829.90
Upside Target 1845.50
Upside Target 1850.00
Upside Target 1919.00

Intraday share price targets for Kotak Mahindra (KOTAKBANK)

Target Type Value
Downside Intraday Target 1601.2
Downside Intraday Target 1578.1
Upside Intraday Target 1640.2
Upside Intraday Target 1656.1
Downside Intraday Target 1617.1

Weekly technical analysis of Kotak Mahindra (KOTAKBANK)

Date Weekly Closing Price Open High Low Volume
06 Mon May 2024 1624.30 1605.00 1633.00 1594.00 0.299 times
03 Fri May 2024 1546.70 1610.10 1647.25 1543.85 0.696 times
26 Fri Apr 2024 1608.50 1813.00 1845.50 1602.00 6.272 times
19 Fri Apr 2024 1792.65 1789.95 1813.00 1763.00 1.141 times
12 Fri Apr 2024 1813.05 1793.80 1829.90 1775.70 0.344 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Kotak Mahindra (KOTAKBANK)

Date Monthly Closing Price Open High Low Volume
06 Mon May 2024 1624.30 1590.00 1633.00 1543.85 0.312 times
30 Tue Apr 2024 1623.95 1795.00 1845.50 1602.00 2.016 times
28 Thu Mar 2024 1785.50 1695.50 1803.90 1695.00 1.119 times
29 Thu Feb 2024 1689.45 1830.00 1850.00 1667.40 0.757 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Kotak Mahindra (KOTAKBANK)

Indicator Name Indicator Value Indicator Signal
ADX 17, 37, 38 Sell
MACD -75, -46Sell
Stochastics 12Sell
CCI -44Buy
RSI 43Sell
OBV -101034673Sell
VWAP 1632Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Kotak Mahindra ( (KOTAKBANK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Kotak Mahindra ( (KOTAKBANK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Kotak Mahindra ( (KOTAKBANK) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Kotak Mahindra ( (KOTAKBANK) ) based on a mid to longer term time period is

ADX buy sell signal for Kotak Mahindra stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Kotak Mahindra in short term and the sell signal is strong.

Kotak Mahindra Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Kotak Mahindra in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Kotak Mahindra is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1631.71 and Kotak Mahindra (KOTAKBANK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Kotak Mahindra (KOTAKBANK) stock. Volume based technical analysis of Kotak Mahindra (KOTAKBANK) stock is negative.

Kotak Mahindra Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Click here for further forecast and predictions for tomorrow

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