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(KANANIIND) Kanani Industries complete technical analysis [charts+indicators] | Buy/Sell Kanani Industries | (KANANIIND) share price targets

Complete technical analysis of Kanani Industries (KANANIIND) by charts plus indicators, forecast predictions and share price targets for Kanani Industries (KANANIIND)

Kanani Industries trades in NSE in Other Apparels & Accessories sector.

Showing technical analysis as on 2024-01-15 View latest technical analysis

10 day averaged volume of Kanani Industries is 1615702

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	8.30	7.95	8.30	7.95	0.917 times
12 Fri Jan 2024	7.95	8.45	8.50	7.90	3.614 times
11 Thu Jan 2024	8.30	8.60	8.65	8.30	0.384 times
10 Wed Jan 2024	8.45	8.55	8.70	8.35	0.505 times
09 Tue Jan 2024	8.55	9.05	9.20	8.50	1.389 times
08 Mon Jan 2024	8.95	8.85	8.95	8.60	1.187 times
05 Fri Jan 2024	8.55	8.50	8.60	8.30	0.781 times
04 Thu Jan 2024	8.20	8.05	8.30	7.95	0.683 times
03 Wed Jan 2024	8.00	8.05	8.10	7.90	0.482 times
02 Tue Jan 2024	8.00	7.90	8.05	7.75	0.569 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 8.4 as stoploss in an intra day sell trade for a target of 7.9. However, stock will show a bullish move above 8.4.

Share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Target	6.95
Downside Target	7.50
Downside Target	7.70
Downside Target	7.90
Downside Target	8.15
Downside Target	8.30
Upside Target	8.50
Upside Target	8.60
Upside Target	9.20
Upside Target	9.30
Upside Target	10.10

Intraday share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Intraday Target	8.07
Downside Intraday Target	7.83
Upside Intraday Target	8.42
Upside Intraday Target	8.53
Downside Intraday Target	8.18

Weekly technical analysis of Kanani Industries (KANANIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	8.30	7.95	8.30	7.95	0.13 times
12 Fri Jan 2024	7.95	8.85	9.20	7.90	2.424 times
05 Fri Jan 2024	8.55	7.60	8.60	7.50	1.507 times
29 Fri Dec 2023	7.45	7.65	7.70	7.15	0.39 times
22 Fri Dec 2023	7.50	7.45	7.70	6.95	0.356 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 Kanani Industries (KANANIIND)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	8.30	7.60	9.20	7.50	0.428 times
29 Fri Dec 2023	7.45	7.45	9.30	6.95	4.64 times
30 Thu Nov 2023	7.45	8.10	8.15	6.95	0.521 times
31 Tue Oct 2023	7.95	8.05	10.10	7.05	7.177 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 Kanani Industries (KANANIIND)

Price action analysis of Kanani Industries ( (KANANIIND) ) based on a short 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.

Price action analysis of Kanani Industries ( (KANANIIND) ) 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 Kanani Industries ( (KANANIIND) ) 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 Kanani Industries ( (KANANIIND) ) 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 Kanani Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Kanani Industries in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Kanani 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 moving up

CCI has generated a buy signal for Kanani Industries in short term but BUY signal is weak.

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 Kanani 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 8.28 and Kanani Industries (KANANIIND) 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 Kanani Industries (KANANIIND) stock. Volume based technical analysis of Kanani Industries (KANANIIND) stock is negative.

Kanani Industries Stock is giving positive 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.