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(KTKBANK) Karnataka Bank complete technical analysis [charts+indicators] | Buy/Sell Karnataka Bank | (KTKBANK) share price targets

Complete technical analysis of Karnataka Bank (KTKBANK) by charts plus indicators, forecast predictions and share price targets for Karnataka Bank (KTKBANK)

Karnataka Bank trades in NSE in Banks sector.

Showing technical analysis as on 2024-05-02 View latest technical analysis

10 day averaged volume of Karnataka Bank is 1371551

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	233.10	231.95	235.20	229.20	1.146 times
30 Tue Apr 2024	231.25	233.00	234.60	230.50	1.653 times
29 Mon Apr 2024	231.75	229.25	234.10	227.50	1.465 times
26 Fri Apr 2024	227.85	227.20	229.30	226.00	0.651 times
25 Thu Apr 2024	226.90	224.25	229.50	224.00	1.756 times
24 Wed Apr 2024	224.25	225.60	227.05	222.95	0.856 times
23 Tue Apr 2024	224.75	225.95	227.90	224.25	0.73 times
22 Mon Apr 2024	224.75	226.50	227.40	222.65	0.839 times
19 Fri Apr 2024	223.40	223.25	225.50	220.50	0.668 times
18 Thu Apr 2024	225.60	226.90	228.85	225.00	0.747 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 234.3 as stoploss in an intra day sell trade for a target of 229.89. However, stock will show a bullish move above 234.3.

Share price targets for Karnataka Bank (KTKBANK)

Target Type	Value
Downside Target	219.60
Downside Target	227.50
Downside Target	232.50
Upside Target	235.20
Upside Target	239.90
Upside Target	240.95
Upside Target	253.60
Upside Target	263.90
Upside Target	286.55

Intraday share price targets for Karnataka Bank (KTKBANK)

Target Type	Value
Downside Intraday Target	228.67
Downside Intraday Target	224.23
Upside Intraday Target	236.37
Upside Intraday Target	239.63
Downside Intraday Target	231.93

Weekly technical analysis of Karnataka Bank (KTKBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	233.10	229.25	235.20	227.50	0.882 times
26 Fri Apr 2024	227.85	226.50	229.50	222.65	1.467 times
19 Fri Apr 2024	223.40	229.50	229.90	220.50	1.067 times
12 Fri Apr 2024	232.25	239.05	239.90	230.70	0.292 times
05 Fri Apr 2024	238.45	228.95	240.95	228.10	3.252 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 Karnataka Bank (KTKBANK)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu May 2024	233.10	231.95	235.20	229.20	0.046 times
30 Tue Apr 2024	231.25	228.95	240.95	220.50	1.177 times
28 Thu Mar 2024	225.10	230.00	253.60	219.60	0.926 times
29 Thu Feb 2024	227.55	255.90	263.90	222.80	0.456 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 Karnataka Bank (KTKBANK)

Price action analysis of Karnataka Bank ( (KTKBANK) ) 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 Karnataka Bank ( (KTKBANK) ) based on a short to mid 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 Karnataka Bank ( (KTKBANK) ) based on a mid to longer 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.

ADX buy sell signal for Karnataka Bank stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Karnataka Bank in short term but the buy signal is initial and weak.

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

Karnataka Bank 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 Karnataka Bank in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Karnataka Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 228.14 and Karnataka Bank (KTKBANK) 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 Karnataka Bank (KTKBANK) stock. Volume based technical analysis of Karnataka Bank (KTKBANK) stock is negative.

Karnataka Bank Stock is giving positive 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.