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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 2024-05-07 View latest technical analysis

10 day averaged volume of Karnataka Bank is 1504649

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	219.95	225.40	225.50	219.10	0.994 times
06 Mon May 2024	224.75	230.20	231.05	223.95	0.62 times
03 Fri May 2024	228.90	233.50	234.30	227.15	1.089 times
02 Thu May 2024	233.10	231.95	235.20	229.20	1.045 times
30 Tue Apr 2024	231.25	233.00	234.60	230.50	1.507 times
29 Mon Apr 2024	231.75	229.25	234.10	227.50	1.335 times
26 Fri Apr 2024	227.85	227.20	229.30	226.00	0.593 times
25 Thu Apr 2024	226.90	224.25	229.50	224.00	1.6 times
24 Wed Apr 2024	224.25	225.60	227.05	222.95	0.78 times
23 Tue Apr 2024	224.75	225.95	227.90	224.25	0.665 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 218.5, for a target of 223.9 or 228.51

Share price targets for Karnataka Bank (KTKBANK)

Target Type	Value
Downside Target	219.10
Upside Target	231.05
Upside 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	215.68
Downside Intraday Target	211.42
Upside Intraday Target	227.63
Upside Intraday Target	235.32
Upside Intraday Target	223.37

Weekly technical analysis of Karnataka Bank (KTKBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	219.95	230.20	231.05	219.10	0.324 times
03 Fri May 2024	228.90	229.25	235.20	227.15	1.13 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

Price has moved down 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
07 Tue May 2024	219.95	231.95	235.20	219.10	0.165 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 down 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 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 Karnataka Bank ( (KTKBANK) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Karnataka Bank in short term and the sell signal is strong.

Karnataka Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Karnataka Bank in short term and SELL 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

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 227.93 and Karnataka Bank (KTKBANK) 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 Karnataka Bank (KTKBANK) stock. Volume based technical analysis of Karnataka Bank (KTKBANK) stock is negative.

Karnataka Bank 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.