Technical Analysis of Bank of Maharashtra

 

Opportunity Type:    Intermediate-Term Bullish

Target Price Range:    52.50 - 54.00

Macd line has crossed over Signal line  on 09/12/2011 . This may mean that the share may be trending. It could be a buying opportunity if other indicators are supporting the move.

Name                                                                        Value
Stochastic D Fast                                                43.7178
Stochastic K Fast                                                51.4706
Stochastic D Slow                                              44.972
Relative Strength Index (RSI) (14 day)      43.1655
Bollinger Band Up                                             48.6788
Bollinger Band Middle                                     46.28
Bollinger Band Low                                            43.8812

Pivot Point - Support Resistance
Pivot Point - 45.58
Support     Price             Resistance     Price
Support1     44.7667     Resistance1     46.6167
Support2     43.7333     Resistance2     47.4333
Support3     42.9167     Resistance3     48.4667
Intra Day support & resistance
Only Valid for 12/12/2011   

The current calculated Stop Price is 43.32 and will be change daily.