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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 2024-10-07 View latest technical analysis

10 day averaged volume of Karnika Industries is 4880

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	261.50	276.00	276.00	257.20	0.738 times
03 Thu Oct 2024	276.00	289.95	289.95	270.00	3.852 times
01 Tue Oct 2024	270.30	270.30	270.30	270.30	0.082 times
30 Mon Sep 2024	274.15	275.20	279.95	273.00	0.656 times
27 Fri Sep 2024	275.00	279.00	279.00	275.00	0.246 times
26 Thu Sep 2024	270.00	271.50	272.00	270.00	1.475 times
25 Wed Sep 2024	270.00	272.50	273.00	270.00	0.902 times
24 Tue Sep 2024	277.00	271.00	282.00	265.00	1.066 times
23 Mon Sep 2024	265.40	255.05	265.40	255.05	0.574 times
20 Fri Sep 2024	260.55	260.55	260.55	260.55	0.082 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 260, for a target of 265.6 or 270.21

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	270.00
Upside Target	276.00
Upside Target	285.00
Upside Target	289.95
Upside Target	299.95
Upside Target	308.00
Upside Target	340.00

Intraday share price targets for Karnika Industries (KARNIKA_SM)

Target Type	Value
Downside Intraday Target	253.8
Downside Intraday Target	246.1
Upside Intraday Target	272.6
Upside Intraday Target	283.7
Upside Intraday Target	264.9

Weekly technical analysis of Karnika Industries (KARNIKA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	261.50	276.00	276.00	257.20	0.161 times
03 Thu Oct 2024	276.00	275.20	289.95	270.00	1.077 times
27 Fri Sep 2024	275.00	255.05	282.00	255.05	1.106 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

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
07 Mon Oct 2024	261.50	270.30	289.95	257.20	0.173 times
30 Mon Sep 2024	274.15	250.00	299.95	228.05	0.795 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

Scroll below to view daily charts

Price has moved down 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 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 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 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.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 272.57 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.