The short-term outlook is bullish for Bank of Maharashtra. The stock has surged over 4 per cent on Wednesday. This rise has taken the share price well above a key resistance level of ₹83. It also marks the end of the consolidation that was in place for over two months. The level of ₹83 will now act as a good resistance-turned-support and limit the downside. Bank of Maharashtra share price can rise to ₹97 in the coming weeks.Video Credit: BusinesslineTraders can buy Bank of Maharashtra shares now at ₹86. Accumulate on dips at ₹84. Keep the stop-loss at ₹79. Trail the stop-loss up to ₹88 as soon as the stock goes up to ₹91. Revise the stop-loss higher to ₹90 and 92 when the price touches ₹93 and ₹94 respectively. Exit the long positions at ₹96.(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)Published on August 27, 2026