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KOTAKBANKMARKET OUTLOOKSTOCK OUTLOOK

Kotak Bank Outlook for the Week (January 29, 2024 – February 02, 2024)

Kotak Bank
Kotak Bank
Kotak Bank closed the previous week on a negative note losing 3.97%.

Technically, Kotak Bank share price will see immediate support at 1,738.90 and immediate resistance would be seen at 1,811.40.

If Kotak Bank share price closes below immediate support of 1,738.90, then sharp breakdown can be seen. Kotak Bank share price will see major support at 1,709.40 for the week.

On the positive side, immediate resistance will be seen at 1,811.40. Closing above 1,811.40, Kotak Bank share price will see a sharp breakout. Major resistance for Kotak Bank share price will be seen at 1,854.40 for the week.

Trading range for Kotak Bank share price for this week should be between 1,666.40 on down side and 1,883.90 on up side.

Kotak Bank Previous Week High: 1824.9

Kotak Bank Previous Week Low: 1752.4

Kotak Bank Previous Week Range: 72.5 Points

Kotak Bank share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 1,883.90
Resistance 2 1,854.40
Resistance 1 1,811.40
Support 1 1,738.90
Support 2 1,709.40
Support 3 1,666.40
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