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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 2024-07-11 View latest technical analysis

10 day averaged volume of Kanani Industries is 4043693

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	3.03	3.10	3.10	3.02	0.215 times
10 Wed Jul 2024	3.06	3.09	3.09	3.01	0.224 times
09 Tue Jul 2024	3.06	3.08	3.11	3.06	0.296 times
08 Mon Jul 2024	3.06	3.10	3.11	3.02	0.433 times
05 Fri Jul 2024	3.10	3.15	3.15	3.08	0.501 times
04 Thu Jul 2024	3.10	3.19	3.19	3.08	0.501 times
03 Wed Jul 2024	3.14	3.12	3.17	3.10	0.875 times
02 Tue Jul 2024	3.07	3.14	3.20	3.06	0.93 times
01 Mon Jul 2024	3.00	2.75	3.02	2.75	1.421 times
28 Fri Jun 2024	2.75	3.02	3.04	2.70	2.358 times

My analysis of stock is bearish for shortterm, and stock might move down till 3 or till 2.8. Use a stoploss of 3.05 and if the stock hits stoploss, then it can shoot up till 3.15

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	3.75
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	2.99
Downside Intraday Target	2.95
Upside Intraday Target	3.09
Upside Intraday Target	3.15
Upside Intraday Target	3.05

Weekly technical analysis of Kanani Industries (KANANIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	3.03	3.10	3.11	3.01	0.276 times
05 Fri Jul 2024	3.10	2.75	3.20	2.75	0.612 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

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
11 Thu Jul 2024	3.03	2.75	3.20	2.75	0.227 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 to mid 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 mid to longer 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.

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 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. Bulls are getting tired and bears 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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 2.97 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 is giving positive 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.