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

(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)

Showing technical analysis as on 2024-08-12 View latest technical analysis

10 day averaged volume of Karnika Industries is 7080

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	280.00	285.00	285.00	279.00	0.339 times
09 Fri Aug 2024	279.00	250.05	280.00	250.05	0.395 times
08 Thu Aug 2024	273.05	280.00	280.50	273.00	3.446 times
07 Wed Aug 2024	288.00	288.00	288.00	288.00	0.169 times
06 Tue Aug 2024	290.00	285.00	290.00	285.00	0.169 times
05 Mon Aug 2024	285.05	294.00	294.00	285.05	0.113 times
02 Fri Aug 2024	297.45	281.00	297.70	279.00	0.678 times
01 Thu Aug 2024	288.00	300.00	308.00	288.00	2.486 times
31 Wed Jul 2024	297.00	296.75	311.75	296.00	0.282 times
30 Tue Jul 2024	296.75	305.00	305.00	296.00	1.073 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 285.3, but if it comes above 285.3, then a intra day buy could be more profitable.
If you take a sell trade below 285.3, then use 285.3 as stoploss and 267.4 as target. However if you take a buy trade in stock , then use 285.3 as stoploss and 300.27 as target.

Share price targets for Karnika Industries (KARNIKA_SM)

Target Type	Value
Downside Target	235.00
Downside Target	250.00
Downside Target	273.40
Downside Target	279.00
Upside Target	302.00
Upside Target	308.00
Upside Target	311.75
Upside Target	330.00
Upside Target	331.10
Upside Target	331.20
Upside Target	333.00
Upside Target	340.00

Intraday share price targets for Karnika Industries (KARNIKA_SM)

Target Type	Value
Downside Intraday Target	277.67
Downside Intraday Target	275.33
Upside Intraday Target	283.67
Upside Intraday Target	287.33
Upside Intraday Target	281.33

Weekly technical analysis of Karnika Industries (KARNIKA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	280.00	285.00	285.00	279.00	0.079 times
09 Fri Aug 2024	279.00	294.00	294.00	250.05	0.752 times
02 Fri Aug 2024	297.45	305.00	311.75	279.00	0.795 times
26 Fri Jul 2024	314.00	305.00	333.00	302.00	3.175 times
19 Fri Jul 2024	309.90	325.00	330.00	290.00	0.127 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 Karnika Industries (KARNIKA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	280.00	300.00	308.00	250.05	0.137 times
31 Wed Jul 2024	297.00	254.25	340.00	250.00	0.637 times
28 Fri Jun 2024	250.05	285.00	285.00	235.00	1.303 times
31 Fri May 2024	285.00	331.20	331.20	273.40	0.683 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Karnika Industries ( (KARNIKA_SM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

Karnika Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Karnika Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 283.69 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.