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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)

Kotak Mahindra trades in NSE in Banks sector.

Showing technical analysis as on 2024-06-07 View latest technical analysis

10 day averaged volume of Kotak Mahindra is 8126080

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1753.70	1730.05	1758.65	1722.00	0.567 times
06 Thu Jun 2024	1734.70	1721.00	1738.50	1703.80	0.783 times
05 Wed Jun 2024	1718.10	1662.55	1724.75	1645.00	1.775 times
04 Tue Jun 2024	1637.95	1703.25	1715.50	1602.45	1.874 times
03 Mon Jun 2024	1718.05	1721.45	1738.85	1700.10	1.206 times
31 Fri May 2024	1680.40	1703.00	1703.00	1660.55	1.576 times
30 Thu May 2024	1690.10	1684.35	1707.60	1683.00	0.687 times
29 Wed May 2024	1687.85	1698.00	1710.90	1682.20	0.609 times
28 Tue May 2024	1703.65	1712.30	1716.00	1698.00	0.457 times
27 Mon May 2024	1711.00	1703.45	1722.00	1702.50	0.425 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1758.3, for a target of 1722.4 or 1692.48

Share price targets for Kotak Mahindra (KOTAKBANK)

Target Type	Value
Downside Target	1543.85
Downside Target	1594.00
Downside Target	1660.55
Downside Target	1717.85
Downside Target	1722.00
Upside Target	1758.65
Upside Target	1803.90
Upside Target	1845.50
Upside Target	1850.00

Intraday share price targets for Kotak Mahindra (KOTAKBANK)

Target Type	Value
Downside Intraday Target	1651.22
Downside Intraday Target	1548.73
Upside Intraday Target	1807.42
Upside Intraday Target	1861.13
Downside Intraday Target	1704.93

Weekly technical analysis of Kotak Mahindra (KOTAKBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1753.70	1721.45	1758.65	1602.45	1.653 times
31 Fri May 2024	1680.40	1703.45	1722.00	1660.55	1.357 times
24 Fri May 2024	1703.45	1692.00	1717.85	1681.10	0.696 times
18 Sat May 2024	1696.95	1627.00	1705.65	1616.00	0.559 times
10 Fri May 2024	1627.95	1605.00	1661.85	1594.00	0.8 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Kotak Mahindra (KOTAKBANK)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1753.70	1721.45	1758.65	1602.45	0.271 times
31 Fri May 2024	1680.40	1590.00	1722.00	1543.85	0.901 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

Scroll below to view daily charts

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)

Price action analysis of Kotak Mahindra ( (KOTAKBANK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Kotak Mahindra ( (KOTAKBANK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Kotak Mahindra ( (KOTAKBANK) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Kotak Mahindra ( (KOTAKBANK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a BUY signal for Kotak Mahindra in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Kotak Mahindra Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1695.63 and Kotak Mahindra (KOTAKBANK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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