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 2024-11-22 View latest technical analysis

10 day averaged volume of Karma Energy is 50433

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	68.37	67.09	69.50	66.04	0.094 times
21 Thu Nov 2024	67.08	69.57	69.57	66.50	0.062 times
19 Tue Nov 2024	67.72	71.02	72.00	66.51	0.369 times
18 Mon Nov 2024	69.51	72.35	73.79	68.10	0.618 times
14 Thu Nov 2024	71.36	75.14	75.14	70.49	0.279 times
13 Wed Nov 2024	72.87	72.57	74.30	70.20	0.316 times
12 Tue Nov 2024	72.57	74.00	76.78	72.25	1.002 times
11 Mon Nov 2024	73.85	73.02	77.79	73.02	0.733 times
08 Fri Nov 2024	74.46	76.90	79.54	73.81	3.504 times
07 Thu Nov 2024	75.76	75.70	77.59	73.05	1.61 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 68.4, but if it comes above 68.4, then a intra day buy could be more profitable.
If you take a sell trade below 68.4, then use 68.4 as stoploss and 62.6 as target. However if you take a buy trade in stock , then use 68.4 as stoploss and 73.26 as target.

Share price targets for Karma Energy (KARMAENG)

Target Type	Value
Downside Target	42.60
Downside Target	54.00
Downside Target	56.00
Downside Target	66.01
Upside Target	70.20
Upside Target	73.79
Upside Target	77.79
Upside Target	78.47
Upside Target	79.54
Upside Target	82.92
Upside Target	91.00
Upside Target	101.53

Intraday share price targets for Karma Energy (KARMAENG)

Target Type	Value
Downside Intraday Target	65.01
Downside Intraday Target	61.65
Upside Intraday Target	72.76
Upside Intraday Target	77.15
Upside Intraday Target	69.4

Weekly technical analysis of Karma Energy (KARMAENG)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	68.37	72.35	73.79	66.04	0.491 times
14 Thu Nov 2024	71.36	73.02	77.79	70.20	0.335 times
08 Fri Nov 2024	74.46	79.20	79.54	71.05	15.252 times
01 Fri Nov 2024	75.78	66.96	78.47	66.01	0.335 times
23 Tue Jul 2024	82.92	91.00	91.00	82.92	0.191 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 Fri Nov 2024	68.37	78.10	79.54	66.04	32.434 times
31 Thu Oct 2024	74.74	66.96	74.98	66.01	0.015 times
23 Tue Jul 2024	82.92	57.25	101.53	56.00	1.79 times
28 Fri Jun 2024	56.66	69.03	71.96	54.00	1.031 times

Scroll below to view daily charts

Price has moved down 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 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 Karma Energy ( (KARMAENG) ) 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 Karma Energy ( (KARMAENG) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Karma Energy in short term and the sell signal is strong.

Karma Energy 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 Karma Energy 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 Karma Energy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 73.51 and Karma Energy (KARMAENG) 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 Karma Energy (KARMAENG) stock. Volume based technical analysis of Karma Energy (KARMAENG) stock is negative.

Karma Energy Stock has given negative 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.