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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 2024-08-12 View latest technical analysis

10 day averaged volume of Kanani Industries is 1559358

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	3.01	3.09	3.09	2.96	1.222 times
09 Fri Aug 2024	3.05	3.17	3.17	3.01	0.446 times
08 Thu Aug 2024	3.06	3.05	3.19	3.03	0.977 times
07 Wed Aug 2024	3.03	3.04	3.07	3.00	0.354 times
06 Tue Aug 2024	2.96	2.91	3.07	2.91	0.835 times
05 Mon Aug 2024	2.90	3.05	3.05	2.76	1.711 times
02 Fri Aug 2024	3.05	3.09	3.13	3.03	0.546 times
01 Thu Aug 2024	3.09	3.14	3.14	3.07	0.509 times
31 Wed Jul 2024	3.11	3.15	3.17	3.11	0.533 times
30 Tue Jul 2024	3.15	3.18	3.18	3.06	1.793 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 3.03. 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	2.92
Upside Target	3.19
Upside Target	3.21
Upside Target	3.50
Upside Target	3.75
Upside Target	3.90
Upside Target	6.05
Upside Target	7.25

Intraday share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Intraday Target	2.95
Downside Intraday Target	2.89
Upside Intraday Target	3.08
Upside Intraday Target	3.15
Upside Intraday Target	3.02

Weekly technical analysis of Kanani Industries (KANANIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	3.01	3.09	3.09	2.96	0.283 times
09 Fri Aug 2024	3.05	3.05	3.19	2.76	0.762 times
02 Fri Aug 2024	3.05	3.08	3.21	3.03	1.597 times
26 Fri Jul 2024	3.06	2.92	3.08	2.92	1.206 times
19 Fri Jul 2024	2.99	3.05	3.10	2.98	0.805 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
12 Mon Aug 2024	3.01	3.14	3.19	2.76	0.256 times
31 Wed Jul 2024	3.11	2.75	3.21	2.75	0.417 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

Scroll below to view daily charts

Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 and SELL 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

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 3.03 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.