NSE Stock KOTAKNIFTY Historical charts - KOTAK MAHINDRA ASS KOTAK NIFTY

Historical charts for Stock KOTAKNIFTY - Share KOTAK MAHINDRA ASS KOTAK NIFTY trades in NSE

Moving Averages for

5Day Average: 237.14
12Day Average: 239.43
20Day Average: 238.99
50Day Average: 236.03
100Day Average: 227.89
150Day Average: 222.09

KOTAKNIFTY Indicators & signals

Indicator MACD (12,26,9)

238.29, 237.85, 1.19
Indicator MACD is in positive zone

Indicator ADX (14)

22.31, 23.79, 15.11
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of KOTAKNIFTY are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
19 Tue Mar 2024	235.18	235.00 to 241.10	-0.93%	0.95 times
18 Mon Mar 2024	237.38	236.50 to 238.44	-0.03%	0.68 times
15 Fri Mar 2024	237.45	236.06 to 238.68	-0.52%	0.93 times
14 Thu Mar 2024	238.68	236.48 to 239.45	0.7%	0.8 times
13 Wed Mar 2024	237.02	236.26 to 242.25	-1.44%	4.79 times
12 Tue Mar 2024	240.49	239.97 to 242.16	-0.04%	0.55 times
11 Mon Mar 2024	240.58	240.17 to 244.75	-0.59%	0.35 times
07 Thu Mar 2024	242.00	241.43 to 242.66	-0.05%	0.59 times
06 Wed Mar 2024	242.11	239.52 to 242.26	0.59%	0.4 times
05 Tue Mar 2024	240.69	240.01 to 241.36	-0.16%	0.32 times
04 Mon Mar 2024	241.08	240.52 to 241.58	0.23%	0.61 times
02 Sat Mar 2024	240.52	240.18 to 241.34	0.14%	0.09 times

Technical analysis forecast for KOTAKNIFTY Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT KOTAKNIFTY KOTAKNIFTY at this time. Stock is falling and might fall more.

It appears as if KOTAKNIFTY KOTAKNIFTY gave a large move recently.

Stock of KOTAKNIFTY (KOTAKNIFTY) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of KOTAKNIFTY is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if KOTAKNIFTY stays below 236.3, but if it comes above 236.3, then a intra day buy could be more profitable.
If you take a sell trade below 236.3, then use 236.3 as stoploss and 234.1 as target. However if you take a buy trade in KOTAKNIFTY, then use 236.3 as stoploss and 238.21 as target.

Tomorrow's movement Prediction of KOTAKNIFTY appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Munafa value: 54

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.