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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 2024-09-16 View latest technical analysis

10 day averaged volume of Karnika Industries is 8920

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	270.00	270.00	270.00	270.00	0.045 times
13 Fri Sep 2024	271.70	272.50	272.50	271.70	0.314 times
12 Thu Sep 2024	271.70	271.75	282.00	271.30	0.359 times
11 Wed Sep 2024	271.75	272.00	272.00	271.00	0.404 times
10 Tue Sep 2024	272.00	270.05	272.75	270.05	0.179 times
09 Mon Sep 2024	272.05	273.10	273.10	272.00	0.179 times
06 Fri Sep 2024	275.50	299.95	299.95	275.50	1.031 times
05 Thu Sep 2024	282.80	274.25	283.00	274.25	2.018 times
04 Wed Sep 2024	273.00	293.00	293.00	268.15	1.435 times
03 Tue Sep 2024	260.50	243.45	263.90	243.45	2.197 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 274.4 as stoploss in an intra day sell trade for a target of 264.7. However, stock will show a bullish move above 274.4.

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
Downside Target	270.00
Upside Target	282.00
Upside Target	285.00
Upside Target	299.95
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	270
Downside Intraday Target	270
Downside Intraday Target	270
Downside Intraday Target	270
Downside Intraday Target	270

Weekly technical analysis of Karnika Industries (KARNIKA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	270.00	270.00	270.00	270.00	0.031 times
13 Fri Sep 2024	271.70	273.10	282.00	270.05	0.168 times
06 Fri Sep 2024	275.50	250.00	299.95	228.05	1.425 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

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
16 Mon Sep 2024	270.00	250.00	299.95	228.05	0.54 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 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.

Price action analysis of Karnika Industries ( (KARNIKA_SM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Karnika Industries ( (KARNIKA_SM) ) based on a short to mid 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.

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 BUY. 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 272.15 and Karnika Industries (KARNIKA_SM) stock is trading below this level. This means that stock is falling with high volumes. 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.