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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 2024-09-18 View latest technical analysis

10 day averaged volume of Karnika Industries is 6200

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	271.15	271.50	274.80	270.00	0.645 times
17 Tue Sep 2024	265.25	264.00	280.00	264.00	1.419 times
16 Mon Sep 2024	270.00	270.00	270.00	270.00	0.065 times
13 Fri Sep 2024	271.70	272.50	272.50	271.70	0.452 times
12 Thu Sep 2024	271.70	271.75	282.00	271.30	0.516 times
11 Wed Sep 2024	271.75	272.00	272.00	271.00	0.581 times
10 Tue Sep 2024	272.00	270.05	272.75	270.05	0.258 times
09 Mon Sep 2024	272.05	273.10	273.10	272.00	0.258 times
06 Fri Sep 2024	275.50	299.95	299.95	275.50	1.484 times
05 Thu Sep 2024	282.80	274.25	283.00	274.25	2.903 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 274.3 as stoploss in an intra day sell trade for a target of 264.63. However, stock will show a bullish move above 274.3.

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	270.05
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	263.43
Downside Intraday Target	255.72
Upside Intraday Target	279.43
Upside Intraday Target	287.72
Upside Intraday Target	271.72

Weekly technical analysis of Karnika Industries (KARNIKA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	271.15	270.00	280.00	264.00	1.031 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
18 Wed Sep 2024	271.15	250.00	299.95	228.05	0.617 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 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 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 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 Strong 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 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 in or above 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 BUY signal in short term but buying 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 275.01 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 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.