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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 2024-03-27 View latest technical analysis

10 day averaged volume of Kanoria Chemicals is 52077

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	104.95	106.30	107.50	104.30	2.05 times
26 Tue Mar 2024	105.35	106.50	110.00	104.80	1.384 times
22 Fri Mar 2024	107.75	105.15	109.45	104.60	0.826 times
21 Thu Mar 2024	106.95	107.60	112.00	106.45	0.875 times
20 Wed Mar 2024	106.55	109.95	109.95	106.05	0.614 times
19 Tue Mar 2024	108.95	109.60	110.40	108.20	0.78 times
18 Mon Mar 2024	109.35	109.10	112.50	108.15	0.966 times
15 Fri Mar 2024	107.50	108.05	112.25	105.25	1.003 times
14 Thu Mar 2024	110.75	103.00	113.65	103.00	1.183 times
13 Wed Mar 2024	102.90	112.00	112.75	101.55	1.257 times

Stock of Kanoria Chemicals (KANORICHEM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 106.3, but if it comes above 106.3, then a intra day buy could be more profitable.
If you take a sell trade below 106.3, then use 106.3 as stoploss and 96.7 as target. However if you take a buy trade in stock , then use 106.3 as stoploss and 114.32 as target.

Share price targets for Kanoria Chemicals (KANORICHEM)

Target Type	Value
Downside Target	101.55
Downside Target	104.30
Upside Target	110.00
Upside Target	112.50
Upside Target	118.30
Upside Target	123.45
Upside Target	127.50
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	102.83
Downside Intraday Target	100.72
Upside Intraday Target	108.53
Upside Intraday Target	112.12
Upside Intraday Target	106.42

Weekly technical analysis of Kanoria Chemicals (KANORICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	104.95	106.50	110.00	104.30	0.846 times
22 Fri Mar 2024	107.75	109.10	112.50	104.60	0.767 times
15 Fri Mar 2024	107.50	121.00	121.00	101.55	1.784 times
07 Thu Mar 2024	120.50	125.30	127.50	118.30	0.246 times
02 Sat Mar 2024	124.75	129.75	135.90	123.45	2.752 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 Kanoria Chemicals (KANORICHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	104.95	125.10	127.50	101.55	0.531 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 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 Kanoria Chemicals (KANORICHEM)

Price action analysis of Kanoria Chemicals ( (KANORICHEM) ) 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 Kanoria Chemicals ( (KANORICHEM) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Kanoria Chemicals in short term and the sell signal is strong.

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 coming down

CCI has generated a SELL signal for Kanoria Chemicals 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

Stock of Kanoria Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 106.76 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.