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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.

10 day averaged volume of Karnataka Bank is 1858000

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	225.60	226.90	228.85	225.00	0.552 times
16 Tue Apr 2024	225.80	224.45	227.75	224.45	0.468 times
15 Mon Apr 2024	226.10	229.50	229.90	225.15	0.918 times
12 Fri Apr 2024	232.25	232.90	235.00	231.90	0.564 times
10 Wed Apr 2024	232.15	234.25	234.25	230.70	0.465 times
09 Tue Apr 2024	232.80	236.05	237.00	231.40	0.625 times
08 Mon Apr 2024	235.45	239.05	239.90	234.00	0.625 times
05 Fri Apr 2024	238.45	236.90	239.00	236.00	0.948 times
04 Thu Apr 2024	237.10	234.80	237.70	233.15	1.648 times
03 Wed Apr 2024	233.50	231.40	234.25	228.75	2.404 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 226.5, but if it comes above 226.5, then a intra day buy could be more profitable.
If you take a sell trade below 226.5, then use 226.5 as stoploss and 221.4 as target. However if you take a buy trade in stock , then use 226.5 as stoploss and 230.78 as target.

Share price targets for Karnataka Bank (KTKBANK)

Target Type	Value
Downside Target	217.35
Upside Target	234.00
Upside Target	236.70
Upside Target	239.90
Upside Target	240.95
Upside Target	247.65
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	223.4
Downside Intraday Target	221.2
Upside Intraday Target	228.85
Upside Intraday Target	232.1
Upside Intraday Target	226.65

Weekly technical analysis of Karnataka Bank (KTKBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	225.60	229.50	229.90	224.45	0.851 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
28 Thu Mar 2024	225.10	233.00	234.00	224.00	0.747 times
22 Fri Mar 2024	231.70	227.85	236.70	223.00	0.699 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
18 Thu Apr 2024	225.60	228.95	240.95	224.45	0.77 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
31 Wed Jan 2024	254.45	234.05	286.55	232.50	1.764 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 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 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 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 Weak and stock is losing 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 buy signal for Karnataka Bank in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 232.99 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.