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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)

Showing technical analysis as on 2024-08-29 View latest technical analysis

10 day averaged volume of Karnika Industries is 9160

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	253.70	256.00	256.00	249.70	0.262 times
28 Wed Aug 2024	256.00	258.00	258.00	255.95	0.873 times
27 Tue Aug 2024	258.20	260.00	260.00	251.25	1.616 times
26 Mon Aug 2024	255.55	258.00	260.00	253.55	1.266 times
23 Fri Aug 2024	258.00	264.90	264.95	258.00	1.092 times
22 Thu Aug 2024	258.55	263.00	265.00	258.00	0.873 times
21 Wed Aug 2024	267.70	264.20	267.95	260.00	1.397 times
20 Tue Aug 2024	270.00	261.00	277.45	261.00	1.266 times
19 Mon Aug 2024	262.10	257.60	274.95	257.60	0.437 times
16 Fri Aug 2024	279.80	280.00	280.00	276.05	1.092 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 259.7, but if it comes above 259.7, then a intra day buy could be more profitable.
If you take a sell trade below 259.7, then use 259.7 as stoploss and 242.8 as target. However if you take a buy trade in stock , then use 259.7 as stoploss and 273.86 as target.

Share price targets for Karnika Industries (KARNIKA_SM)

Target Type	Value
Downside Target	235.00
Downside Target	249.70
Upside Target	257.60
Upside Target	273.40
Upside Target	285.00
Upside Target	294.00
Upside Target	308.00
Upside Target	311.75
Upside Target	331.10
Upside Target	331.20
Upside Target	340.00

Intraday share price targets for Karnika Industries (KARNIKA_SM)

Target Type	Value
Downside Intraday Target	248.93
Downside Intraday Target	244.17
Upside Intraday Target	259.23
Upside Intraday Target	264.77
Upside Intraday Target	254.47

Weekly technical analysis of Karnika Industries (KARNIKA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	253.70	258.00	260.00	249.70	0.793 times
23 Fri Aug 2024	258.00	257.60	277.45	257.60	3.515 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

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 Thu Aug 2024	253.70	300.00	308.00	249.70	0.37 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 262.83 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.