Current technical analysis for Kotak Mahindra Bank (KOTAKBANK.NS) shows the stock is currently trading at ₹1963.10, with a +0.53% change from the previous close. The stock is currently in a Downtrend.
AI-Powered Market Prediction
This prediction is generated using artificial intelligence that combines technical indicators with machine learning models.
Market Direction: BULLISH
AI Confidence Score: 67%
Intelligent analysis combining multiple data sources for Kotak Mahindra Bank.
Analysis Confidence Factors:
- RSI oversold (24.1)
- Downtrend confirmed
Market Assessment:
- Direction: BULLISH
- Action: Consider long positions near support levels
- Risk Level: High
- Bullish Probability: 67%
- Bearish Probability: 33%
Price Targets:
- Target 1: ₹1990.59
- Target 2: ₹2018.08
- Stop Loss: ₹1944.77
- Risk/Reward Ratio: 1:1.5
AI-Optimized Intraday Levels
These levels are calculated using artificial intelligence that analyzes historical patterns and market behavior.
AI Buy Zone
₹1933.78 - ₹1952.10
AI-suggested accumulation zone | Stop Loss: ₹1919.12
AI Sell Zone
₹1974.10 - ₹1992.42
AI-suggested distribution zone | Stop Loss: ₹2007.08
AI-Generated Pivot Levels
| Level | Price | AI Recommendation |
|---|---|---|
| R3 | ₹2018.08 | Strong Sell (High probability reversal) |
| R2 | ₹1999.75 | Sell / Book Profits |
| R1 | ₹1981.43 | First Target / Partial Booking |
| Pivot | ₹1963.10 | Decision Point |
| S1 | ₹1944.77 | First Support / Buy on Dips |
| S2 | ₹1926.45 | Strong Buy |
| S3 | ₹1908.12 | Aggressive Buy (High probability bounce) |
Expected Market Movement
AI analysis indicates normal volatility with expected movement of ±1.87%.
Position sizing recommendation: Normal position sizing recommended.
Technical Overview
Current technical indicators show the following momentum signals:
- RSI (14): 24.14 - Currently oversold
- MACD: 0.0000 (Signal: 0.0000)
- Moving Averages: SMA-20: ₹2061.08, EMA-20: ₹2045.02
Support and Resistance Levels
Key price levels based on technical analysis:
Resistance Levels
- R1: ₹2025.60 (3.2% away)
- R2: ₹2179.80 (11.0% away)
- R3: ₹2191.70 (11.6% away)
Support Levels
- S1: ₹1953.00 (0.5% away)
- S2: ₹1935.00 (1.4% away)
Trend Analysis
The stock is currently showing a Downtrend pattern based on moving average analysis and price action.
Performance Metrics:
- 1-Day Change: +0.53%
- 5-Day Change: -1.70%
The downtrend indicates bearish pressure, with sellers dominating the market.
Trading Signals
Based on unified analysis combining technical indicators and AI predictions:
- Moderate Buy Signal - 67% confidence
These signals represent a consolidated view eliminating contradictions between different analysis methods.
Conclusion
In summary, Kotak Mahindra Bank shows a BULLISH outlook with 67% confidence based on unified technical and AI analysis. The analysis shows moderate confidence in upward movement. Consider long positions near support levels
Key takeaways from unified analysis:
- Market Direction: BULLISH (moderate confidence)
- Risk Level: High
- Primary Target: ₹1990.59
- Stop Loss: ₹1944.77
- Risk/Reward Ratio: 1:1.5
This analysis combines multiple indicators and AI predictions to provide a clear, non-conflicting view of the market. Always use proper risk management and never invest more than you can afford to lose.
Disclaimer: This analysis is automatically generated by Artificial Intelligence and should not be considered as investment advice. Always conduct your own research and consult with financial advisors before making investment decisions.