Technical Analysis Kotak Mahindra Bank

The stock

is currently in a strong primary downtrend. Since early 2026 the price has been making consistent lower highs and lower lows. There was a sharp vertical decline starting in March where the price dropped from the 430 levels down to a recent low near 350. The stock is currently seeing a minor relief rally or a dead cat bounce trading around 376.70. Immediate resistance the 380–390 zone is the first major hurdle. This was a previous support area that has now turned into resistance. Major resistance the 410 level remains a significant ceiling that the stock failed to cross multiple times in February. Support the recent bottom near 345–350 acts as the immediate floor. If this breaks, the stock could enter a fresh round of selling. For Buyers it is risky to enter here as the stock is still in a falling knife phase. Wait for the price to consolidate or create a higher high above the 390 level before considering a long position. For Sellers the 380–390 zone provides an opportunity to sell on rallies keeping a stop loss just above the recent swing high. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.