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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.

Showing technical analysis as on 2024-01-22 View latest technical analysis

10 day averaged volume of Kanani Industries is 2072321

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	8.75	8.60	8.75	8.55	0.528 times
19 Fri Jan 2024	8.35	8.70	8.70	8.05	0.545 times
18 Thu Jan 2024	8.30	8.30	8.55	7.90	0.932 times
17 Wed Jan 2024	8.30	8.65	8.65	8.30	1.142 times
16 Tue Jan 2024	8.70	8.65	8.70	8.50	1.147 times
15 Mon Jan 2024	8.30	7.95	8.30	7.95	0.715 times
12 Fri Jan 2024	7.95	8.45	8.50	7.90	2.818 times
11 Thu Jan 2024	8.30	8.60	8.65	8.30	0.299 times
10 Wed Jan 2024	8.45	8.55	8.70	8.35	0.394 times
09 Tue Jan 2024	8.55	9.05	9.20	8.50	1.083 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8.6, but if it comes below 8.6, then a intra day sell could be more profitable.
If you take a sell trade below 8.6, then use 8.6 as stoploss and 8.17 as target. However if you take a buy trade in stock , then use 8.6 as stoploss and 9.1 as target.

Share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Target	6.95
Downside Target	7.50
Downside Target	7.70
Downside Target	7.90
Downside Target	8.15
Downside Target	8.50
Downside Target	8.60
Downside Target	8.70
Downside Target	8.75
Upside Target	9.20
Upside Target	9.30
Upside Target	10.10

Intraday share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Intraday Target	8.62
Downside Intraday Target	8.48
Upside Intraday Target	8.82
Upside Intraday Target	8.88
Downside Intraday Target	8.68

Weekly technical analysis of Kanani Industries (KANANIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	8.75	8.60	8.75	8.55	0.118 times
19 Fri Jan 2024	8.35	7.95	8.70	7.90	0.812 times
12 Fri Jan 2024	7.95	8.85	9.20	7.90	2.424 times
05 Fri Jan 2024	8.55	7.60	8.60	7.50	1.507 times
29 Fri Dec 2023	7.45	7.65	7.70	7.15	0.39 times

Price has moved up 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
22 Mon Jan 2024	8.75	7.60	9.20	7.50	0.644 times
29 Fri Dec 2023	7.45	7.45	9.30	6.95	4.64 times
30 Thu Nov 2023	7.45	8.10	8.15	6.95	0.521 times
31 Tue Oct 2023	7.95	8.05	10.10	7.05	7.177 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Kanani Industries ( (KANANIIND) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a BUY signal for Kanani Industries in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Kanani Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Kanani Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.31 and Kanani Industries (KANANIIND) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.