Karnataka Bank – Weekly Technical View
Trend
The stock has been in a downtrend after failing to sustain above the 200 EMA zone in June 2025.
Current price action is testing the 200-week EMA (thick black line) near ₹172 — a crucial long-term support zone.
Support Levels
Immediate support: ₹171–₹170 (200 EMA & horizontal zone).
Next major support: ₹165 if ₹170 fails.
Resistance Levels
Immediate resistance: ₹180–₹183 (recent breakdown zone).
Next resistance: ₹192–₹195 (confluence of 50 EMA & 100 EMA).
Indicators
Parabolic SAR: Dots above candles — bearish momentum intact.
MACD: Below signal line, negative histogram — momentum weak.
RSI (14): Around 37 — bearish but nearing oversold zone.
Moving Averages: Price is below 50 & 100 EMA, testing 200 EMA.
Chart Structure
Stock is approaching make-or-break zone — holding ₹170 could lead to a short-term technical bounce; a breakdown could extend decline to ₹165–₹160.
View:
Short Term: Bearish bias until ₹183 is reclaimed.
Medium Term: Accumulation possible near ₹165–₹170 if price stabilizes. Weekly Analysis on KTK BANK on 09082025
Trading Strategy:
As seen on the weekly chart, the stock has been in a continuous decline for the past four weeks. This week, it traded at ₹178.50, made a high of ₹181.00, a low of ₹171.75, and closed at ₹172.15. On the weekly chart, the stock closed by taking strong support at its 200-day EMA.
While PSU banks have shown good upward momentum this week, private sector banks like KTK Bank have witnessed a continuous fall. The Q1 FY26 results of KTK Bank are scheduled for 12th August.
Based on the chart pattern, I believe the stock may see further downside. For a short-term view, the stock must hold above its 200-day EMA before any fresh entry can be considered. For a long-term perspective, the stock can be accumulated on dips.
In my view, the stock has strong support around the ₹150 level for the long term, and on the upside, it has the potential to reach the ₹225–230 range within 3–6 months.
Warning:
Registration granted by SEBI, membership of a SEBI recognized supervisory body (BSE), and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Disclaimer:
This analysis is for educational purposes only and does not constitute investment advice. Past performance is not indicative of future returns.
Disclosure:
Investments in securities markets are subject to market risks; read all the related documents carefully before investing. We have no personal or family holding in KTKBANK at the time of this report.
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