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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 2024-07-02 View latest technical analysis

10 day averaged volume of Kanani Industries is 5097679

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	3.07	3.14	3.20	3.06	0.737 times
01 Mon Jul 2024	3.00	2.75	3.02	2.75	1.127 times
28 Fri Jun 2024	2.75	3.02	3.04	2.70	1.871 times
27 Thu Jun 2024	3.00	3.20	3.20	3.00	1.952 times
26 Wed Jun 2024	3.17	3.02	3.24	3.01	0.791 times
25 Tue Jun 2024	3.00	3.03	3.07	3.00	0.559 times
24 Mon Jun 2024	3.03	3.03	3.04	2.97	0.303 times
21 Fri Jun 2024	3.01	3.04	3.07	3.00	0.591 times
20 Thu Jun 2024	3.01	3.04	3.10	3.00	0.813 times
19 Wed Jun 2024	3.02	3.19	3.19	3.01	1.572 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 3 as stoploss in an intra day buy trade for a target of 3.15. However, stock will show a bearish move below 3.

Share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Target	2.70
Downside Target	3.00
Upside Target	3.19
Upside Target	3.50
Upside Target	3.70
Upside Target	3.75
Upside Target	3.90
Upside Target	5.55
Upside Target	6.05
Upside Target	7.25
Upside Target	10.55

Intraday share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Intraday Target	2.81
Downside Intraday Target	2.56
Upside Intraday Target	3.26
Upside Intraday Target	3.46
Downside Intraday Target	3.01

Weekly technical analysis of Kanani Industries (KANANIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	3.07	2.75	3.20	2.75	0.341 times
28 Fri Jun 2024	2.75	3.03	3.24	2.70	1.612 times
21 Fri Jun 2024	3.01	3.14	3.19	3.00	0.404 times
14 Fri Jun 2024	3.07	3.90	3.90	3.05	5.265 times
07 Fri Jun 2024	3.55	3.65	3.70	3.20	2.42 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
02 Tue Jul 2024	3.07	2.75	3.20	2.75	0.099 times
28 Fri Jun 2024	2.75	3.65	3.90	2.70	28.606 times
31 Fri May 2024	3.55	3.60	3.75	3.50	1.166 times
07 Wed Feb 2024	7.25	6.05	7.25	6.05	0.076 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 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 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 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 Strong and stock is losing momentum.

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

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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 2.98 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 negative.

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