Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(KARMAENG) Karma Energy complete technical analysis [charts+indicators] | Buy/Sell Karma Energy | (KARMAENG) share price targets

Complete technical analysis of Karma Energy (KARMAENG) by charts plus indicators, forecast predictions and share price targets for Karma Energy (KARMAENG)

Karma Energy trades in NSE in Electric Utilities sector.

Showing technical analysis as on 2023-11-22 View latest technical analysis

10 day averaged volume of Karma Energy is 38314

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Nov 2023	61.35	60.00	61.35	58.55	0.454 times
21 Tue Nov 2023	58.45	57.95	60.00	57.95	0.772 times
20 Mon Nov 2023	61.00	67.40	67.40	61.00	3.513 times
17 Fri Nov 2023	64.20	64.20	64.20	64.20	0.45 times
16 Thu Nov 2023	61.15	61.10	61.15	61.10	0.254 times
15 Wed Nov 2023	58.25	58.20	58.25	58.20	0.815 times
13 Mon Nov 2023	55.50	55.50	55.50	52.85	2.032 times
12 Sun Nov 2023	52.90	52.90	52.90	52.90	0.141 times
10 Fri Nov 2023	50.40	50.00	50.40	50.00	0.747 times
09 Thu Nov 2023	48.00	46.50	48.00	44.60	0.586 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.2, but if it comes below 58.2, then a intra day sell could be more profitable.
If you take a sell trade below 58.2, then use 58.2 as stoploss and 51.17 as target. However if you take a buy trade in stock , then use 58.2 as stoploss and 66.5 as target.

Share price targets for Karma Energy (KARMAENG)

Target Type	Value
Downside Target	31.50
Downside Target	33.00
Downside Target	35.85
Downside Target	40.50
Downside Target	42.60
Downside Target	47.00
Downside Target	48.00
Downside Target	49.45
Downside Target	50.40
Downside Target	52.85
Downside Target	57.95
Upside Target	64.20
Upside Target	67.40

Intraday share price targets for Karma Energy (KARMAENG)

Target Type	Value
Downside Intraday Target	57.07
Downside Intraday Target	52.78
Upside Intraday Target	66.52
Upside Intraday Target	71.68
Upside Intraday Target	62.23

Weekly technical analysis of Karma Energy (KARMAENG)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Nov 2023	61.35	67.40	67.40	57.95	1.283 times
17 Fri Nov 2023	64.20	52.90	64.20	52.85	1.51 times
10 Fri Nov 2023	50.40	43.20	50.40	42.60	2.537 times
02 Wed Aug 2023	43.75	46.60	48.00	43.05	0.202 times
28 Fri Jul 2023	44.50	42.25	49.45	41.30	3.568 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 Karma Energy (KARMAENG)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed Nov 2023	61.35	43.20	67.40	42.60	16.225 times
02 Wed Aug 2023	43.75	47.00	48.00	43.05	0.065 times
31 Mon Jul 2023	46.65	46.00	49.45	40.50	0.251 times
30 Fri Jun 2023	44.15	34.50	47.00	33.00	65.888 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Karma Energy (KARMAENG)

Price action analysis of Karma Energy ( (KARMAENG) ) 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 Karma Energy ( (KARMAENG) ) 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 Karma Energy ( (KARMAENG) ) based on a mid to longer 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.

ADX buy sell signal for Karma Energy stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Karma Energy in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Karma Energy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Karma Energy in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Karma Energy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.88 and Karma Energy (KARMAENG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Karma Energy (KARMAENG) stock. Volume based technical analysis of Karma Energy (KARMAENG) stock is negative.

Karma Energy Stock is giving positive 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.