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(KANORICHEM) Kanoria Chemicals complete technical analysis [charts+indicators] | Buy/Sell Kanoria Chemicals | (KANORICHEM) share price targets

Complete technical analysis of Kanoria Chemicals (KANORICHEM) by charts plus indicators, forecast predictions and share price targets for Kanoria Chemicals (KANORICHEM)

Kanoria Chemicals trades in NSE in Commodity Chemicals sector.

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Kanoria Chemicals is 75705

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	124.85	125.30	127.50	124.25	0.365 times
02 Sat Mar 2024	124.75	124.05	126.00	124.00	0.094 times
01 Fri Mar 2024	124.75	125.10	127.05	124.45	0.228 times
29 Thu Feb 2024	124.40	124.95	126.00	123.45	0.318 times
28 Wed Feb 2024	124.95	129.65	130.45	124.05	0.732 times
27 Tue Feb 2024	129.10	133.85	133.90	128.50	0.6 times
26 Mon Feb 2024	132.80	129.75	135.90	127.20	6.318 times
23 Fri Feb 2024	124.65	126.50	126.90	124.00	0.566 times
22 Thu Feb 2024	125.10	127.40	127.45	124.45	0.331 times
21 Wed Feb 2024	126.65	126.80	129.20	126.00	0.326 times

My analysis of stock is bearish for shortterm, and stock might move down till 123.7 or till 121. Use a stoploss of 126 and if the stock hits stoploss, then it can shoot up till 128.25

Share price targets for Kanoria Chemicals (KANORICHEM)

Target Type	Value
Downside Target	119.05
Downside Target	123.15
Upside Target	127.50
Upside Target	129.00
Upside Target	132.90
Upside Target	133.80
Upside Target	135.15
Upside Target	135.90
Upside Target	151.70
Upside Target	157.00

Intraday share price targets for Kanoria Chemicals (KANORICHEM)

Target Type	Value
Downside Intraday Target	123.57
Downside Intraday Target	122.28
Upside Intraday Target	126.82
Upside Intraday Target	128.78
Upside Intraday Target	125.53

Weekly technical analysis of Kanoria Chemicals (KANORICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	124.85	125.30	127.50	124.25	0.044 times
02 Sat Mar 2024	124.75	129.75	135.90	123.45	2.752 times
23 Fri Feb 2024	124.65	125.90	132.90	123.15	0.682 times
16 Fri Feb 2024	124.65	122.00	129.00	120.00	1.173 times
09 Fri Feb 2024	124.60	133.80	133.80	123.40	0.823 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 Kanoria Chemicals (KANORICHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	124.85	125.10	127.50	124.00	0.033 times
29 Thu Feb 2024	124.40	131.95	135.90	120.00	0.476 times
31 Wed Jan 2024	132.25	134.95	157.00	125.20	0.576 times
29 Fri Dec 2023	134.35	129.95	151.70	126.05	4.254 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 Kanoria Chemicals (KANORICHEM)

Price action analysis of Kanoria Chemicals ( (KANORICHEM) ) 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 Kanoria Chemicals ( (KANORICHEM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Kanoria Chemicals ( (KANORICHEM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Kanoria Chemicals ( (KANORICHEM) ) 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 Kanoria Chemicals stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Kanoria Chemicals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Kanoria Chemicals in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 Kanoria Chemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 130.24 and Kanoria Chemicals (KANORICHEM) 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 Kanoria Chemicals (KANORICHEM) stock. Volume based technical analysis of Kanoria Chemicals (KANORICHEM) stock is negative.

Kanoria Chemicals 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.