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 2024-09-24 View latest technical analysis

10 day averaged volume of Karnika Industries is 3280

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	277.00	271.00	282.00	265.00	1.585 times
23 Mon Sep 2024	265.40	255.05	265.40	255.05	0.854 times
20 Fri Sep 2024	260.55	260.55	260.55	260.55	0.122 times
19 Thu Sep 2024	263.10	272.05	274.40	263.10	1.585 times
18 Wed Sep 2024	271.15	271.50	274.80	270.00	1.22 times
17 Tue Sep 2024	265.25	264.00	280.00	264.00	2.683 times
16 Mon Sep 2024	270.00	270.00	270.00	270.00	0.122 times
13 Fri Sep 2024	271.70	272.50	272.50	271.70	0.854 times
12 Thu Sep 2024	271.70	271.75	282.00	271.30	0.976 times
11 Wed Sep 2024	271.75	272.00	272.00	271.00	1.098 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 275.9, but if it comes below 275.9, then a intra day sell could be more profitable.
If you take a sell trade below 275.9, then use 275.9 as stoploss and 266.42 as target. However if you take a buy trade in stock , then use 275.9 as stoploss and 287.2 as target.

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	255.05
Downside Target	270.05
Upside Target	280.00
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	260.7
Downside Intraday Target	244.4
Upside Intraday Target	287.65
Upside Intraday Target	298.3
Downside Intraday Target	271.35

Weekly technical analysis of Karnika Industries (KARNIKA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	277.00	255.05	282.00	255.05	0.426 times
20 Fri Sep 2024	260.55	270.00	280.00	260.55	1.469 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

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
24 Tue Sep 2024	277.00	250.00	299.95	228.05	0.699 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 to mid 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 mid to longer 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.

ADX buy sell signal for Karnika Industries stock for short term is BUY. Signal strength is Strong and stock is gaining 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. Bears are weakening, and bulls are picking up momentum!

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 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 268.99 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.