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(KARNIKA_SM) Karnika Industries complete technical analysis [charts+indicators] | Buy/Sell Karnika Industries | (KARNIKA_SM) share price targets

Complete technical analysis of Karnika Industries (KARNIKA_SM) by charts plus indicators, forecast predictions and share price targets for Karnika Industries (KARNIKA_SM)

10 day averaged volume of Karnika Industries is 37040

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	284.30	281.90	290.00	280.00	0.259 times
28 Tue May 2024	278.30	287.95	287.95	273.40	0.572 times
27 Mon May 2024	285.40	286.30	287.95	276.10	1.652 times
24 Fri May 2024	290.50	281.00	292.00	281.00	1.156 times
23 Thu May 2024	292.25	294.90	295.00	285.00	1.631 times
22 Wed May 2024	294.05	295.00	298.00	284.10	0.583 times
21 Tue May 2024	294.95	305.00	305.00	294.50	3.65 times
18 Sat May 2024	310.00	305.00	312.90	305.00	0.184 times
17 Fri May 2024	299.90	313.50	313.50	297.00	0.292 times
16 Thu May 2024	309.60	320.00	320.00	295.10	0.259 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 290, but if it comes above 290, then a intra day buy could be more profitable.
If you take a sell trade below 290, then use 290 as stoploss and 273.7 as target. However if you take a buy trade in stock , then use 290 as stoploss and 303.61 as target.

Share price targets for Karnika Industries (KARNIKA_SM)

Target Type	Value
Downside Target	119.75
Downside Target	129.35
Downside Target	161.00
Downside Target	219.55
Downside Target	245.95
Downside Target	273.40
Downside Target	281.00
Upside Target	290.00
Upside Target	302.50
Upside Target	320.00
Upside Target	327.95
Upside Target	331.10
Upside Target	331.20

Intraday share price targets for Karnika Industries (KARNIKA_SM)

Target Type	Value
Downside Intraday Target	275.13
Downside Intraday Target	265.97
Upside Intraday Target	291.73
Upside Intraday Target	299.17
Downside Intraday Target	282.57

Weekly technical analysis of Karnika Industries (KARNIKA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	284.30	286.30	290.00	273.40	0.354 times
24 Fri May 2024	290.50	305.00	305.00	281.00	5.372 times
18 Sat May 2024	310.00	306.50	320.00	291.05	2.814 times
10 Fri May 2024	306.35	320.00	327.95	302.50	0.341 times
03 Fri May 2024	319.50	321.90	331.20	306.25	0.399 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 Karnika Industries (KARNIKA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed May 2024	284.30	331.20	331.20	273.40	0.601 times
30 Tue Apr 2024	324.05	301.70	331.10	281.00	0.715 times
28 Thu Mar 2024	301.70	222.05	308.00	219.55	0.547 times
29 Thu Feb 2024	232.55	137.55	245.95	129.35	1.725 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 Karnika Industries (KARNIKA_SM)

Price action analysis of Karnika Industries ( (KARNIKA_SM) ) 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 Karnika Industries ( (KARNIKA_SM) ) 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 Karnika Industries ( (KARNIKA_SM) ) 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 Karnika Industries stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Karnika Industries in short term but the sell signal is initial and weak.

Karnika 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 moving up

CCI has generated a buy signal for Karnika 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Karnika Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 292.01 and Karnika Industries (KARNIKA_SM) 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 Karnika Industries (KARNIKA_SM) stock. Volume based technical analysis of Karnika Industries (KARNIKA_SM) stock is negative.

Karnika 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.