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 2024-09-04 View latest technical analysis

10 day averaged volume of Karnika Industries is 12080

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	273.00	293.00	293.00	268.15	1.06 times
03 Tue Sep 2024	260.50	243.45	263.90	243.45	1.623 times
02 Mon Sep 2024	243.45	250.00	254.05	228.05	1.391 times
30 Fri Aug 2024	251.75	244.00	254.80	244.00	1.391 times
29 Thu Aug 2024	253.70	256.00	256.00	249.70	0.199 times
28 Wed Aug 2024	256.00	258.00	258.00	255.95	0.662 times
27 Tue Aug 2024	258.20	260.00	260.00	251.25	1.225 times
26 Mon Aug 2024	255.55	258.00	260.00	253.55	0.96 times
23 Fri Aug 2024	258.00	264.90	264.95	258.00	0.828 times
22 Thu Aug 2024	258.55	263.00	265.00	258.00	0.662 times

My analysis of stock is bullish for shortterm, and stock might move up till 279.6 or till 294.8. Use a stoploss of 266.92 and if this stock hits its stoploss, then it can fall down till 254.25

Share price targets for Karnika Industries (KARNIKA_SM)

Target Type	Value
Downside Target	228.05
Downside Target	235.00
Downside Target	244.00
Downside Target	250.00
Downside Target	257.60
Upside Target	273.40
Upside Target	285.00
Upside Target	293.00
Upside Target	294.00
Upside Target	308.00
Upside Target	331.20
Upside Target	340.00

Intraday share price targets for Karnika Industries (KARNIKA_SM)

Target Type	Value
Downside Intraday Target	236.37
Downside Intraday Target	199.73
Upside Intraday Target	301.32
Upside Intraday Target	329.63
Downside Intraday Target	264.68

Weekly technical analysis of Karnika Industries (KARNIKA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	273.00	250.00	293.00	228.05	0.918 times
30 Fri Aug 2024	251.75	258.00	260.00	244.00	1.155 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

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
04 Wed Sep 2024	273.00	250.00	293.00	228.05	0.296 times
30 Fri Aug 2024	251.75	300.00	308.00	244.00	0.411 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

Scroll below to view daily charts

Price has moved up 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Karnika Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Karnika Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 256.71 and Karnika Industries (KARNIKA_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.