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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 2024-10-03 View latest technical analysis

10 day averaged volume of Kanani Industries is 661044

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	2.81	2.83	2.87	2.80	0.837 times
01 Tue Oct 2024	2.82	2.84	2.84	2.81	0.7 times
30 Mon Sep 2024	2.82	2.84	2.85	2.82	0.678 times
27 Fri Sep 2024	2.84	2.86	2.87	2.82	1.326 times
26 Thu Sep 2024	2.83	2.85	2.88	2.82	0.973 times
25 Wed Sep 2024	2.82	2.86	2.86	2.81	0.658 times
24 Tue Sep 2024	2.86	2.86	2.89	2.80	2.034 times
23 Mon Sep 2024	2.84	2.89	2.89	2.83	0.982 times
20 Fri Sep 2024	2.85	2.88	2.90	2.84	0.57 times
19 Thu Sep 2024	2.88	2.87	2.94	2.85	1.454 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 2.8 as stoploss in an intra day buy trade for a target of 2.86. However, stock will show a bearish move below 2.8.

Share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Target	2.70
Upside Target	2.87
Upside Target	2.89
Upside Target	2.94
Upside Target	2.97
Upside Target	3.18
Upside Target	3.19
Upside Target	3.21
Upside Target	3.90

Intraday share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Intraday Target	2.78
Downside Intraday Target	2.76
Upside Intraday Target	2.85
Upside Intraday Target	2.9
Upside Intraday Target	2.83

Weekly technical analysis of Kanani Industries (KANANIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	2.81	2.84	2.87	2.80	0.371 times
27 Fri Sep 2024	2.84	2.89	2.89	2.80	0.736 times
20 Fri Sep 2024	2.85	2.90	3.18	2.84	1.599 times
13 Fri Sep 2024	2.86	2.90	2.94	2.82	0.856 times
06 Fri Sep 2024	2.87	2.86	2.97	2.79	0.435 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
03 Thu Oct 2024	2.81	2.84	2.87	2.80	0.06 times
30 Mon Sep 2024	2.82	2.86	3.18	2.79	0.442 times
30 Fri Aug 2024	2.82	3.14	3.19	2.76	0.959 times
31 Wed Jul 2024	3.11	2.75	3.21	2.75	0.417 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 neutral. A longer time frame might give a better analysis.

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 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Kanani Industries in short term but BUY signal is weak.

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 2.84 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.