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 2024-08-21 View latest technical analysis

10 day averaged volume of Karnika Industries is 5920

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	267.70	264.20	267.95	260.00	2.162 times
20 Tue Aug 2024	270.00	261.00	277.45	261.00	1.959 times
19 Mon Aug 2024	262.10	257.60	274.95	257.60	0.676 times
16 Fri Aug 2024	279.80	280.00	280.00	276.05	1.689 times
13 Tue Aug 2024	280.00	280.00	280.00	280.00	0.135 times
12 Mon Aug 2024	280.00	285.00	285.00	279.00	0.405 times
09 Fri Aug 2024	279.00	250.05	280.00	250.05	0.473 times
08 Thu Aug 2024	273.05	280.00	280.50	273.00	4.122 times
07 Wed Aug 2024	288.00	288.00	288.00	288.00	0.203 times
06 Tue Aug 2024	290.00	285.00	290.00	285.00	0.203 times

Stock of Karnika Industries (KARNIKA_SM) 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 273.7, but if it comes above 273.7, then a intra day buy could be more profitable.
If you take a sell trade below 273.7, then use 273.7 as stoploss and 255 as target. However if you take a buy trade in stock , then use 273.7 as stoploss and 289.29 as target.

Share price targets for Karnika Industries (KARNIKA_SM)

Target Type	Value
Downside Target	235.00
Downside Target	250.00
Downside Target	257.60
Upside Target	273.40
Upside Target	294.00
Upside Target	302.00
Upside Target	308.00
Upside Target	311.75
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	257.72
Downside Intraday Target	247.73
Upside Intraday Target	277.57
Upside Intraday Target	287.43
Downside Intraday Target	267.58

Weekly technical analysis of Karnika Industries (KARNIKA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	267.70	257.60	277.45	257.60	2.152 times
16 Fri Aug 2024	279.80	285.00	285.00	276.05	0.434 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Karnika Industries (KARNIKA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	267.70	300.00	308.00	250.05	0.234 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining 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 getting stronger in this stock.

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 Karnika Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 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 273.01 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.