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(KANORICHEM) Kanoria Chemicals complete technical analysis [charts+indicators] | Buy/Sell Kanoria Chemicals | (KANORICHEM) share price targets

Complete technical analysis of Kanoria Chemicals (KANORICHEM) by charts plus indicators, forecast predictions and share price targets for Kanoria Chemicals (KANORICHEM)

Kanoria Chemicals trades in NSE in Commodity Chemicals sector.

10 day averaged volume of Kanoria Chemicals is 102836

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	125.35	126.00	126.75	123.25	0.239 times
18 Thu Apr 2024	126.50	126.50	129.80	124.45	0.594 times
16 Tue Apr 2024	125.90	123.65	131.00	122.20	0.849 times
15 Mon Apr 2024	125.55	128.10	129.75	122.55	0.792 times
12 Fri Apr 2024	130.85	124.65	138.50	122.55	3.906 times
10 Wed Apr 2024	125.15	123.85	128.70	122.30	1.034 times
09 Tue Apr 2024	123.25	118.00	125.95	117.90	1.097 times
08 Mon Apr 2024	118.70	117.95	122.00	117.80	0.736 times
05 Fri Apr 2024	117.95	117.20	119.70	116.80	0.268 times
04 Thu Apr 2024	117.30	118.00	119.45	114.15	0.38 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 124.9, but if it comes below 124.9, then a intra day sell could be more profitable.
If you take a sell trade below 124.9, then use 124.9 as stoploss and 116.7 as target. However if you take a buy trade in stock , then use 124.9 as stoploss and 134.7 as target.

Share price targets for Kanoria Chemicals (KANORICHEM)

Target Type	Value
Downside Target	101.55
Downside Target	108.25
Downside Target	112.50
Downside Target	117.80
Downside Target	125.20
Upside Target	127.50
Upside Target	131.00
Upside Target	135.90
Upside Target	138.50
Upside Target	151.70
Upside Target	157.00

Intraday share price targets for Kanoria Chemicals (KANORICHEM)

Target Type	Value
Downside Intraday Target	121.37
Downside Intraday Target	117.38
Upside Intraday Target	130.17
Upside Intraday Target	134.98
Upside Intraday Target	126.18

Weekly technical analysis of Kanoria Chemicals (KANORICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	125.35	128.10	131.00	122.20	0.365 times
12 Fri Apr 2024	130.85	117.95	138.50	117.80	3.461 times
05 Fri Apr 2024	117.95	108.25	119.70	108.25	0.425 times
28 Thu Mar 2024	109.15	106.50	110.00	103.25	2.241 times
22 Fri Mar 2024	107.75	109.10	112.50	104.60	0.767 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 Kanoria Chemicals (KANORICHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	125.35	108.25	138.50	108.25	1.01 times
28 Thu Mar 2024	109.15	125.10	127.50	101.55	0.717 times
29 Thu Feb 2024	124.40	131.95	135.90	120.00	0.476 times
31 Wed Jan 2024	132.25	134.95	157.00	125.20	0.576 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 Kanoria Chemicals (KANORICHEM)

Price action analysis of Kanoria Chemicals ( (KANORICHEM) ) 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 Kanoria Chemicals ( (KANORICHEM) ) 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 Kanoria Chemicals ( (KANORICHEM) ) 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 Kanoria Chemicals ( (KANORICHEM) ) 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 Kanoria Chemicals stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Kanoria Chemicals 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.

Kanoria Chemicals 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 Kanoria Chemicals in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Kanoria Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 126.4 and Kanoria Chemicals (KANORICHEM) 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 Kanoria Chemicals (KANORICHEM) stock. Volume based technical analysis of Kanoria Chemicals (KANORICHEM) stock is negative.

Kanoria Chemicals 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.