Technical Analysis Kotak Mahindra Bank

The stock

daily chart for shows a highly bearish immediate trend. After peaking in the 460-480 range in mid-to-late 2025 the stock has suffered a sharp aggressive sell-off. The price action is consistently forming lower highs and lower lows indicating that sellers are firmly in control. The stock is currently trading around 371.55. The most critical level to watch on this chart is the horizontal support line marked clearly at 329.75. This area acted as a major demand zone back in mid-2024 where buyers previously stepped in to reverse a heavy drop. Right now, the steep downward momentum suggests the price is heading to test this 329-330 support base again. Fresh entries buying right now carries high risk. The safer technical approach is to wait for the price to reach the 329.75 support zone. Once there watch for clear signs of stabilization such as a bullish reversal candlestick pattern or a period of sideways consolidation before making a move. Hold for support since a sharp fall has already occurred avoid panic selling at this 371 level and hold your current position. If the stock breaks above the 377 level and closes with high volume existing holders can average their positions and new players can look for a swing trading opportunity. However this swing trade is strictly for high-risk traders. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.