Kotak Mahindra Bank Ltd. Share Price

Bank Nifty Holds 53,750; Hurdles Stack Above

Bank Nifty found support near the 53,750 zone flagged last week and recovered to close the week at 54,686.95, up about 0.74% from 54,287.35. That support has now held on its first real test. Overhead, the 50 SMA near 55,948 is the immediate hurdle, followed by the Falling Window resistance around 56,165 to 56,200. A descending trendline from the September highs sits in between, and the 200 SMA near 56,700 is the major resistance beyond. RSI improved to about 45 from 38, and RSI itself is tracing a modest rising trendline off its lows, an early sign that momentum may be stabilising. The 53,750 level remains the one to watch on a weekly closing basis. A sustained close below it would weaken the picture and bring the Gartley C-point zone of 52,640 to 53,000 into focus. Bank Nifty is led by heavyweights such as HDFC Bank, ICICI Bank,

Sensex Surges 905 Points; Adani Ports Leads Gains

Sensex close: It ended at 74,151.04, up 905.01 points (1.24%). Nifty close: The Nifty50 settled at 22,936.75, up 237.90 points (1.05%), reclaiming the 22,900 mark. Breadth: It was strongly positive, with 2,443 stocks advancing against 1,615 declining, and 36 of 38 tracked sectors rose. Broader market: The Nifty Midcap and Smallcap indices each gained around 1%, so the buying went beyond the heavyweights. Top gainer: Adani Ports led the Nifty50, up about 5.2%, on heavy volume of 82.82 lakh shares (single-source figure). Other gainers: Adani Enterprises, Kotak Mahindra Bank,

Sensex Outlook for 30-Oct-2026 looks Bullish

The Daily MACD Histogram is above zero and the Hourly MACD Histogram is also above zero indicating a bullish trend. The Daily RSI 14 above the midline 50 levels at 53.28 and the Hourly RSI 14 above the midline 50 levels at 65.30 indicate a bullish trend. Thus, the overall trend of Sensex looks bullish, and the buyers are in control over the markets. Buy on dips would be the best strategy to deploy for today’s market considering the overall trend of Sensex. We may expect a change in trend only if the price sustains below the support level. Can Initiate selling only if prices continue to sustain below the support level. I have provided Sensex Spot resistance and support levels which would help you learn in taking informed trading decisions using these levels and understand how support and resistance levels work in financial markets. Sensex Spot Resistance 1 - 74470 Resistance 2 - 74665 Support 1 - 73875 Support 2 - 73705 Happy Learning, Happy Trading and have a wonderful day Top Gainers : ADANIPORTS, KOTAKBANK, POWERGRID. Top Losers : MARUTI, TECHM, HDFC.

Bank Nifty Clears 54,650; 55,135 Next to Watch

Bank Nifty extended its recovery today and moved to around 54,910, above the 54,650 hurdle that had acted as resistance earlier this week on the hourly chart. With that level cleared, the next resistance zones are 55,135 and then the falling trendline near 55,340. That trendline has capped rallies since the mid-October high near 56,130. It will be interesting to see whether today’s momentum carries into the next session and whether the index can approach the trendline. 54,650 now becomes the level to watch as potential support, and a close back below it would weaken the setup. Kotak Mahindra Bank,

Nifty Outlook for 30-Oct-2026 looks Bullish

Nifty 50 closed strongly bullish at 22,936.75 on October 29, 2026, marking a significant 1.05% gain [+237.90 points] and breaking out of its multi-day consolidation zone. The Daily MACD Histogram is above zero and the Hourly MACD Histogram is also above zero indicating a bullish trend. The Daily RSI 14 above the midline 50 levels at 50.85 and the Hourly RSI 14 above the midline 50 levels at 64.44 indicate a bullish trend. Thus, the overall trend of Nifty looks bullish, and the buyers are in control over the markets. Buy on dips would be the best strategy to deploy for today’s market considering the overall trend of Nifty. We may expect a change in trend only if the price sustains below the support level. Can Initiate selling only if prices continue to sustain below the support level. I have provided Nifty Spot resistance and support levels which would help you learn in taking informed trading decisions using these levels and understand how support and resistance levels work in financial markets. Nifty Spot Resistance 1 - 23105 Resistance 2 - 23145 Support 1 - 22820 Support 2 - 22790 Happy Learning, Happy Trading and have a wonderful day Top Gainers : ADANIPORTS, ADANIENT, KOTAKBANK. Top losers : TRENT, MARUTI, BAJAJ-AUTO.

Nifty Inverse H&S Breakout: Adani, Kotak Lead

Nifty delivered a classic inverse Head & Shoulders breakout on the 30-minute chart today. The head formed near 22,490, and the neckline around 22,780 acted as resistance for several sessions. Price moved above it with a strong green candle. It then consolidated just above the neckline before extending towards 22,960, a breakout-and-hold sequence that pattern watchers like to see. The right shoulder low near 22,657 is the level to watch as support. A fall back below the neckline would weaken the pattern. The head-to-neckline depth of about 290 points gives a measured-move reference near 23,070, which is only a reference and not a forecast. The rally was led by