Bank of Maharashtra is a public sector bank headquartered in Pune, Maharashtra, India. It was founded in 1935 and is one of the oldest banks in India. The bank has a network of more than 18,000 employees and 1,964 branches across the country. It offers a wide range of banking products and services to individuals, small and medium-sized enterprises, and large corporations.
Bank of Maharashtra has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. The stock has broken a resistance level in the short term and given a positive signal for the short-term trading range.
There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the stock has support at approximately 21.60 rupee. The stock is overall assessed as technically positive for the medium long term.
Trade like a pro trader using our best bank nifty option tips on a daily basism
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
