Is KOTAK MAHINDRA BANK in uptrend or downtrend?

In the short term price movements in KOTAKBANK share indicates the market is Sideways. However, the bulls are trying to absorb supply to take control.

What is KOTAK MAHINDRA BANK share price forecast for tomorrow?

In Kotak Mahindra Bank Limited stock current resistance level is at 387 and support level is at 364. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are KOTAK MAHINDRA BANK support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Kotak Mahindra Bank Limited in the short-term, the supply zone around 387 and 390. Hence, good chances of resistance around 390. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Kotak Mahindra Bank Limited share is around 364 and 360. Hence, good chances for support around 360.

Why is KOTAK MAHINDRA BANK share price falling today?

Perhaps KOTAKBANK stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

KOTAK MAHINDRA BANK Share Price | Forecast Analysis

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