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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 2024-09-25 View latest technical analysis

10 day averaged volume of Karnika Industries is 3640

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	270.00	272.50	273.00	270.00	1.209 times
24 Tue Sep 2024	277.00	271.00	282.00	265.00	1.429 times
23 Mon Sep 2024	265.40	255.05	265.40	255.05	0.769 times
20 Fri Sep 2024	260.55	260.55	260.55	260.55	0.11 times
19 Thu Sep 2024	263.10	272.05	274.40	263.10	1.429 times
18 Wed Sep 2024	271.15	271.50	274.80	270.00	1.099 times
17 Tue Sep 2024	265.25	264.00	280.00	264.00	2.418 times
16 Mon Sep 2024	270.00	270.00	270.00	270.00	0.11 times
13 Fri Sep 2024	271.70	272.50	272.50	271.70	0.769 times
12 Thu Sep 2024	271.70	271.75	282.00	271.30	0.879 times

My analysis of stock is bullish for shortterm, and stock might move up till 276.3 or till 287.3. Use a stoploss of 267.12 and if this stock hits its stoploss, then it can fall down till 257.96

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
Upside 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	256.03
Downside Intraday Target	242.07
Upside Intraday Target	282.98
Upside Intraday Target	295.97
Downside Intraday Target	269.02

Weekly technical analysis of Karnika Industries (KARNIKA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	270.00	255.05	282.00	255.05	0.66 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
25 Wed Sep 2024	270.00	250.00	299.95	228.05	0.725 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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. 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 coming down

CCI has generated a SELL signal for Karnika Industries in short term but SELL 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 268.84 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 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.