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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 2024-08-23 View latest technical analysis

10 day averaged volume of Kanani Industries is 1687293

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	2.91	3.03	3.04	2.90	3.829 times
22 Thu Aug 2024	3.00	3.05	3.08	2.90	5.044 times
21 Wed Aug 2024	3.03	3.05	3.06	3.03	0.321 times
20 Tue Aug 2024	3.04	3.08	3.08	3.03	0.324 times
19 Mon Aug 2024	3.06	3.08	3.08	3.01	0.418 times
16 Fri Aug 2024	3.01	3.04	3.11	3.00	0.666 times
14 Wed Aug 2024	3.00	3.06	3.06	2.99	0.344 times
13 Tue Aug 2024	3.01	3.07	3.07	3.00	0.44 times
12 Mon Aug 2024	3.01	3.09	3.09	2.96	1.13 times
09 Fri Aug 2024	3.05	3.17	3.17	3.01	0.412 times

Stock of Kanani Industries (KANANIIND) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2.9, for a target of 3 or 3.03

Share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Target	2.70
Downside Target	2.90
Upside Target	3.03
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	2.85
Downside Intraday Target	2.78
Upside Intraday Target	3.03
Upside Intraday Target	3.14
Upside Intraday Target	2.96

Weekly technical analysis of Kanani Industries (KANANIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	2.91	3.08	3.08	2.90	3.852 times
16 Fri Aug 2024	3.01	3.09	3.11	2.96	0.646 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

Price has moved down 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
23 Fri Aug 2024	2.91	3.14	3.19	2.76	0.735 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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.

Kanani Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing 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 2.98 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 negative.

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