Search+Investment IdeasBank of Maharashtra stock has achieved a significant breakout. Experts recommend buying for short-term traders targeting Rs 86. SynopsisBank of Maharashtra has broken out from a multi-year swing high, trading above it since May. Experts suggest short-term traders can target Rs 86 in the coming weeks, citing the stock's resilience and positive technical indicators across multiple timeframes. A closing stop loss at Rs 76 is recommended.Bank of Maharashtra, part of the PSU banking space, broke out from a multi-year swing high earlier in May and has been trading above the same.Short-term traders can look to buy the stock for a target of Rs 86 in the next few weeks, suggest experts.The stock has remained resilient in the short term despite some volatility in the broader market indices. It bounced back after testing the 20-month moving average on the monthly charts.The recent BYETMarkets.com 3 mins readJun 09, 2026, 05:00:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership