Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-01-29 View latest technical analysis

10 day averaged volume of Kanani Industries is 1929486

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	10.55	10.05	10.55	9.65	4.125 times
25 Thu Jan 2024	10.05	10.05	10.05	10.05	0.303 times
24 Wed Jan 2024	9.60	9.60	9.60	9.15	0.416 times
23 Tue Jan 2024	9.15	9.15	9.15	9.10	0.875 times
22 Mon Jan 2024	8.75	8.60	8.75	8.55	0.567 times
19 Fri Jan 2024	8.35	8.70	8.70	8.05	0.586 times
18 Thu Jan 2024	8.30	8.30	8.55	7.90	1.001 times
17 Wed Jan 2024	8.30	8.65	8.65	8.30	1.227 times
16 Tue Jan 2024	8.70	8.65	8.70	8.50	1.231 times
15 Mon Jan 2024	8.30	7.95	8.30	7.95	0.768 times

Stock of Kanani Industries (KANANIIND) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 10.2, for a target of 9.3 or 8.64

Share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Target	6.95
Downside Target	7.25
Downside Target	7.50
Downside Target	7.90
Downside Target	8.15
Downside Target	8.50
Downside Target	9.20
Downside Target	9.30
Downside Target	9.65
Downside Target	10.05
Downside Target	10.10
Downside Target	10.55

Intraday share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Intraday Target	9.95
Downside Intraday Target	9.35
Upside Intraday Target	10.85
Upside Intraday Target	11.15
Downside Intraday Target	10.25

Weekly technical analysis of Kanani Industries (KANANIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	10.55	10.05	10.55	9.65	1.909 times
25 Thu Jan 2024	10.05	8.60	10.05	8.55	0.449 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Kanani Industries (KANANIIND)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	10.55	7.60	10.55	7.50	0.912 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 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 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 BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 negative zone. This is the SELL 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 9.37 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 rising upwards.

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 is giving positive 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.