KOTAKBANK - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | KOTAKBANK | Market Cap | 3,81,248 Cr. | Current Price | 383 ₹ | High / Low | 453 ₹ |
| Stock P/E | 28.2 | Book Value | 126 ₹ | Dividend Yield | 0.13 % | ROCE | 7.45 % |
| ROE | 15.4 % | Face Value | 1.00 ₹ | DMA 50 | 385 ₹ | DMA 200 | 403 ₹ |
| Chg in FII Hold | -2.96 % | Chg in DII Hold | 3.31 % | PAT Qtr | 3,446 Cr. | PAT Prev Qtr | 3,253 Cr. |
| RSI | 54.2 | MACD | -0.43 | Volume | 2,61,68,375 | Avg Vol 1Wk | 1,48,61,032 |
| Low price | 345 ₹ | High price | 453 ₹ | PEG Ratio | 1.16 | Debt to equity | 4.42 |
| 52w Index | 35.2 % | Qtr Profit Var | 4.28 % | EPS | 13.6 ₹ | Industry PE | 15.0 |
📈 Chart Patterns: KOTAKBANK is consolidating with mild bearish bias, trading near 50 DMA support but below 200 DMA resistance, showing limited upside.
📊 Moving Averages: Price near 50 DMA (385 ₹) but below 200 DMA (403 ₹), confirming short-term support with medium-term resistance overhead.
📉 RSI: At 54.2, RSI indicates neutral momentum.
📉 MACD: Negative at -0.43, signaling mild bearishness.
📊 Bollinger Bands: Price near mid-band, reflecting consolidation with moderate volatility.
📉 Volume Trends: Current volume (2.61 Cr.) above weekly average (1.48 Cr.), showing strong participation despite weak technicals.
🔑 Short-Term Momentum Signals: Neutral RSI with negative MACD suggests cautious trading; strong volume provides support but upside capped by 200 DMA.
🎯 Entry Zone: 375–385 ₹ near 50 DMA support.
🎯 Exit Zone: 400–410 ₹ near 200 DMA resistance.
📌 Trend Status: Consolidating with bearish undertone.
Positive
- ROE at 15.4% highlights solid profitability.
- PEG ratio of 1.16 indicates fair valuation relative to growth.
- Quarterly PAT growth (+4.28%) from 3,253 Cr. to 3,446 Cr.
- DII holdings increased (+3.31%), showing strong domestic support.
Limitation
- Price below 200 DMA confirms weak technical structure.
- ROCE at 7.45% is modest compared to peers.
- High debt-to-equity ratio (4.42) adds leverage risk.
- MACD negative, limiting momentum strength.
Company Negative News
- FII holdings declined (-2.96%), showing reduced foreign investor confidence.
- Technical weakness with price below key moving averages.
Company Positive News
- Strong quarterly PAT growth supports earnings outlook.
- DII inflows provide domestic institutional support.
- EPS at 13.6 ₹ remains stable.
Industry
- Industry PE at 15.0, lower than KOTAKBANK’s P/E of 28.2, showing premium valuation.
- Sector momentum moderate with 52-week index at 35.2%.
Conclusion
KOTAKBANK is consolidating with weak short-term momentum but stable fundamentals. Entry near 375–385 ₹ offers cautious positioning, while exits around 400–410 ₹ provide profit-taking opportunities. Strong domestic support and earnings growth help fundamentals, but high leverage and technical weakness warrant defensive trading.