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(KANANIIND) Kanani Industries complete technical analysis [charts+indicators] | Buy/Sell Kanani Industries | (KANANIIND) share price targets

Complete technical analysis of Kanani Industries (KANANIIND) by charts plus indicators, forecast predictions and share price targets for Kanani Industries (KANANIIND)

Kanani Industries trades in NSE in Other Apparels & Accessories sector.

10 day averaged volume of Kanani Industries is 242833

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	2.71	2.72	2.73	2.69	0.797 times
01 Wed Jan 2025	2.71	2.72	2.73	2.69	0.581 times
31 Tue Dec 2024	2.70	2.71	2.72	2.68	0.725 times
30 Mon Dec 2024	2.70	2.74	2.74	2.67	1.214 times
27 Fri Dec 2024	2.72	2.69	2.74	2.69	0.596 times
26 Thu Dec 2024	2.69	2.73	2.74	2.67	1.256 times
24 Tue Dec 2024	2.71	2.76	2.77	2.66	1.299 times
23 Mon Dec 2024	2.73	2.75	2.80	2.72	0.811 times
20 Fri Dec 2024	2.76	2.80	2.80	2.73	1.361 times
19 Thu Dec 2024	2.79	2.83	2.83	2.76	1.338 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.7 as stoploss in an intra day buy trade for a target of 2.77. However, stock will show a bearish move below 2.7.

Share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Target	2.50
Downside Target	2.55
Downside Target	2.66
Upside Target	2.80
Upside Target	2.86
Upside Target	2.92
Upside Target	2.93
Upside Target	2.99
Upside Target	3.05
Upside Target	3.18

Intraday share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Intraday Target	2.67
Downside Intraday Target	2.64
Upside Intraday Target	2.74
Upside Intraday Target	2.78
Downside Intraday Target	2.71

Weekly technical analysis of Kanani Industries (KANANIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	2.71	2.74	2.74	2.67	0.837 times
27 Fri Dec 2024	2.72	2.75	2.80	2.66	0.539 times
20 Fri Dec 2024	2.76	2.84	2.86	2.73	0.76 times
13 Fri Dec 2024	2.84	2.85	2.92	2.80	0.905 times
06 Fri Dec 2024	2.86	2.93	2.93	2.80	0.643 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Kanani Industries (KANANIIND)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	2.71	2.72	2.73	2.69	0.041 times
31 Tue Dec 2024	2.70	2.93	2.93	2.66	0.785 times
29 Fri Nov 2024	2.90	2.95	2.99	2.55	1.172 times
31 Thu Oct 2024	2.89	2.84	3.05	2.50	0.521 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Kanani Industries (KANANIIND)

Price action analysis of Kanani Industries ( (KANANIIND) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Kanani Industries ( (KANANIIND) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Kanani Industries ( (KANANIIND) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Kanani Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Kanani Industries in short term and the sell signal is strong.

Kanani Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Kanani Industries in short term

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Kanani Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.73 and Kanani Industries (KANANIIND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Kanani Industries (KANANIIND) stock. Volume based technical analysis of Kanani Industries (KANANIIND) stock is negative.

Kanani Industries Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.