Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-01 View latest technical analysis

10 day averaged volume of Kanani Industries is 1802601

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	6.05	6.05	6.05	6.05	0.088 times
31 Wed Jan 2024	5.80	5.80	5.80	5.80	0.114 times
30 Tue Jan 2024	5.55	5.55	5.55	5.55	0.146 times
29 Mon Jan 2024	10.55	10.05	10.55	9.65	4.416 times
25 Thu Jan 2024	10.05	10.05	10.05	10.05	0.324 times
24 Wed Jan 2024	9.60	9.60	9.60	9.15	0.446 times
23 Tue Jan 2024	9.15	9.15	9.15	9.10	0.936 times
22 Mon Jan 2024	8.75	8.60	8.75	8.55	0.607 times
19 Fri Jan 2024	8.35	8.70	8.70	8.05	0.627 times
18 Thu Jan 2024	8.30	8.30	8.55	7.90	1.071 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 5.6, for a target of 7.1 or 8.32

Share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Target	5.55
Downside Target	6.05
Upside Target	6.95
Upside Target	7.50
Upside Target	7.90
Upside Target	8.15
Upside Target	8.55
Upside Target	9.20
Upside Target	9.30
Upside Target	10.05
Upside Target	10.10
Upside Target	10.55

Intraday share price targets for Kanani Industries (KANANIIND)

Target Type	Value
Downside Intraday Target	4.22
Downside Intraday Target	2.38
Upside Intraday Target	9.22
Upside Intraday Target	12.38
Upside Intraday Target	7.38

Weekly technical analysis of Kanani Industries (KANANIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	6.05	10.05	10.55	5.55	2.06 times
25 Thu Jan 2024	10.05	8.60	10.05	8.55	0.449 times
19 Fri Jan 2024	8.35	7.95	8.70	7.90	0.812 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Kanani Industries (KANANIIND)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	6.05	6.05	6.05	6.05	0.004 times
31 Wed Jan 2024	5.80	7.60	10.55	5.55	0.923 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

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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Kanani Industries in short term and the sell signal is strong.

Kanani 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 below the red 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Kanani 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 9.59 and Kanani Industries (KANANIIND) 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 Kanani Industries (KANANIIND) stock. Volume based technical analysis of Kanani Industries (KANANIIND) stock is negative.

Kanani 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.