Technical Analysis of Bank of Maharashtra (MAHABANK)

The stock $MAHABANK is daily chart shows that the stock is in a clear long-term upward trend. Since early 2025 it has consistently formed higher highs and higher lows climbing from the ₹40 range to its current level. This indicates heavy structural strength and strong buying interest. Current price trading around ₹80.03. The stock recently made a swing high near ₹88 before taking a healthy normal correction down to the ₹68–₹72 zone. Immediate Resistance ₹88. This is the previous all-time high on this chart. If the stock breaks and closes above this level with high volume it will trigger a fresh breakout and likely continue its upward journey. Immediate Support ₹72. This area recently acted as a strong demand zone where the price bounced back. Major Support ₹64 - ₹68. If the stock experiences a deeper market correction this is the next major safety net. For short-term buyers the stock offers a good entry point on dips near the ₹72 support aiming for the ₹88 resistance with a strict stop-loss just below ₹72. Meanwhile, existing holders should confidently hold their positions because the uptrend is strongly intact simply trailing the stop-loss to the ₹68–₹72 zone to lock in profits.