KOTAKBANK Outlook for the Week (December 02, 2024 – December 06, 2024)
Kotak Mahindra Bank closed the previous week on a negative note losing -0.94%.
Technically, Kotak Mahindra Bank share price will see immediate support at 1,744.00 and immediate resistance would be seen at 1,796.00.
If Kotak Mahindra Bank share price closes below immediate support of 1,744.00, then sharp breakdown can be seen. Kotak Mahindra Bank share price will see major support at 1,722.75 for the week.
On the positive side, immediate resistance will be seen at 1,796.00. Closing above 1,796.00, Kotak Mahindra Bank share price will see a sharp breakout. Major resistance for Kotak Mahindra Bank share price will be seen at 1,826.75 for the week.
Trading range for Kotak Mahindra Bank share price for this week should be between 1,692.00 on down side and 1,848.00 on up side.
Kotak Mahindra Bank Previous Week Open: 1782
Kotak Mahindra Bank Previous Week High: 1805.5
Kotak Mahindra Bank Previous Week Low: 1753.5
Kotak Mahindra Bank Previous Week Close: 1765.25
Kotak Mahindra Bank Previous Week Range: 52 Points
Kotak Mahindra Bank share price support and resistance for the week (December 02, 2024 - December 06, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,848.00 |
| Resistance 2 | 1,826.75 |
| Resistance 1 | 1,796.00 |
| Support 1 | 1,744.00 |
| Support 2 | 1,722.75 |
| Support 3 | 1,692.00 |
