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Technicals for Bank of Maharashtra
By MusingTheNews
2025-09-05 20:23
Overall Technical outlook
Price Summary
On 2025-09-05, Bank of Maharashtra's stock opened at 52.19, reached 52.8, hit a low of 51.84, and rose 0.77% to close at 52.59, with 3619879 shares traded. The stock reached its highest price of 63.12 and its lowest price of 43.62 during the 52-week period.
Technicals
Support and Resistance: The current price is 52.59, with support at 50.45 and resistance at 53.11. This range suggests that the price might move between these levels, with 50.45 offering support and 53.11 capping further gains for Bank of Maharashtra. Support/Resistance for MAHABANK
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Aroon chart for Bank of Maharashtra
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for Bank of Maharashtra
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for MAHABANK. Parabolic Stop and Reverse chart for Bank of Maharashtra
Stochastic: The stochastic indicator reflects a bullish outlook with the K-line above the D-line and below 20, signaling the likely start of a bullish move. This setup suggests that the market may be beginning to rise from a low level, potentially leading to an uptrend. Traders might interpret this as a positive entry signal. Stochastic chart for Bank of Maharashtra
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Bank of Maharashtra. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Bank of Maharashtra
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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