MAHABANK NEWS why is Bank Of Maharashtra price falling or rising

MAHABANK NEWS reasons for why stock price of Bank Of Maharashtra is falling or rising

MAHABANK Bank Maharashtra is falling or rising technical reasons

Technical analysis forecast for Bank Maharashtra 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 Bank Maharashtra MAHABANK at this time. Stock is falling and might fall more.

It appears as if Bank Maharashtra MAHABANK gave a large move recently.

Stock of Bank Maharashtra (MAHABANK) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Bank Maharashtra is bearish for shortterm, and stock might move down till 59.7 or till 56.3. Use a stoploss of 62.51 and if the stock hits stoploss, then it can shoot up till 65.32

MAHABANK Bank Maharashtra is falling or rising NEWS fundamental reasons

Company Announcement Bank of Maharashtra has informed the Exchange about change in Management - NEWS as on 2024-04-18

Company Announcement - NEWS as on 2024-04-18

Company Announcement Bank of Maharashtra has informed the Exchange regarding 'Additional disclosure w.r.t. appointment of Shri Nidhu Saxena as MD & CEO'. - NEWS as on 2024-04-16

Company Announcement Bank of Maharashtra has informed the Exchange regarding ' Disclosure Under Regulation 31(4) And 31(5) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011'. - NEWS as on 2024-04-08

Company Announcement Bank of Maharashtra has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-05

Company Announcement Bank of Maharashtra has informed the Exchange regarding 'Disclosure of Provisional Business Figures as of 31.03.2024'. - NEWS as on 2024-04-05

More announcements and NEWS

MAHABANK Bank Of Maharashtra current price & indicator signals

Moving Averages for Bank Of Maharashtra

  • 5Day Average: 62.73
  • 12Day Average: 64.28
  • 20Day Average: 62.33
  • 50Day Average: 61.29
  • 100Day Average: 54.54
  • 150Day Average: 51.35
  • 200Day Average: 47.33

MAHABANK Indicators & signals

Indicator MACD (12,26,9)

62.92, 62.1, 1.2
Indicator MACD is in positive zone

Indicator ADX (14)

6.12, 18.11, 20.47
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MAHABANK Bank Of Maharashtra are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Thu Apr 2024 61.35 61.00 to 63.45 -1.45% 0.61 times
16 Tue Apr 2024 62.25 60.65 to 62.90 0.97% 0.65 times
15 Mon Apr 2024 61.65 59.35 to 62.65 -3.07% 1.18 times
12 Fri Apr 2024 63.60 63.35 to 65.35 -1.85% 0.74 times
10 Wed Apr 2024 64.80 63.75 to 65.20 0.54% 0.66 times
09 Tue Apr 2024 64.45 63.75 to 65.55 -0.08% 0.72 times
08 Mon Apr 2024 64.50 64.05 to 66.25 -1.83% 0.7 times
05 Fri Apr 2024 65.70 64.95 to 66.80 -0.15% 1.13 times
04 Thu Apr 2024 65.80 65.05 to 67.65 -1.64% 1.23 times
03 Wed Apr 2024 66.90 64.65 to 67.30 2.53% 1.67 times
02 Tue Apr 2024 65.25 64.80 to 66.55 0.15% 1.32 times
01 Mon Apr 2024 65.15 62.85 to 65.45 4.49% 1.93 times

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MAHABANK NEWS why is Bank Of Maharashtra price falling or rising

 

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