KOTAKBANK - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 2.6

Here’s a detailed technical analysis of Kotak Mahindra Bank Ltd (KOTAKBANK) based on current indicators and price behavior

📊 Trend Overview

Current Trend: Bearish

Price Action: Trading below both 50 DMA (₹2,134) and 200 DMA (₹2,013) — confirms downward pressure.

52W Index (47.2%): Price has retraced nearly half from its 52-week high (₹2,302), indicating weakening momentum.

📈 Momentum Indicators

RSI (27.2): Oversold — may signal a potential bounce, but no confirmation yet.

MACD (-28.1): Strongly negative — confirms bearish momentum and lack of buying strength.

Volume: Slightly below 1-week average — suggests weak participation and low conviction.

📉 Volatility & Bands

Bollinger Bands: Price likely near lower band — hints at oversold condition but not a confirmed reversal.

Volatility: Moderate — price swings are present but not extreme.

📌 Support & Resistance Zones

Level Price (₹)

Immediate Support 1,950–1,970 (recent base)

Strong Support 1,900–1,920 (psychological level)

Resistance 1 2,013 (200 DMA)

Resistance 2 2,134 (50 DMA)

Resistance 3 2,200–2,250 (supply zone)

🎯 Entry & Exit Zones

Optimal Entry: ₹1,950–₹1,975 (if price stabilizes near support)

Exit / Profit Booking: ₹2,130–₹2,200 (if price rebounds toward resistance)

🔍 Short-Term Signals

Momentum: Weak — RSI and MACD both suggest bearish undertone.

Trendline: Price breaking below key averages — confirms downtrend.

Consolidation: Possible — if price holds near ₹1,950 with volume support.

Would you like to compare this with other private banks showing stronger technical setups? I can help you spot the ones building momentum for a breakout. 🏦📈

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