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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.

Showing technical analysis as on 2024-08-12 View latest technical analysis

10 day averaged volume of Kanoria Chemicals is 68495

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	121.19	124.49	124.49	120.40	0.464 times
09 Fri Aug 2024	123.36	122.02	124.39	121.45	0.408 times
08 Thu Aug 2024	121.46	120.99	123.90	119.41	0.539 times
07 Wed Aug 2024	120.65	118.50	121.29	118.50	0.314 times
06 Tue Aug 2024	119.15	116.00	121.90	116.00	1.509 times
05 Mon Aug 2024	117.28	127.25	128.05	116.00	1.856 times
02 Fri Aug 2024	127.25	127.27	129.86	125.05	0.654 times
01 Thu Aug 2024	127.93	133.80	133.80	127.50	0.525 times
31 Wed Jul 2024	132.48	132.50	135.00	130.00	1.87 times
30 Tue Jul 2024	130.49	124.50	133.05	124.50	1.432 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 120.8 as stoploss in an intra day buy trade for a target of 124.55. However, stock will show a bearish move below 120.8.

Share price targets for Kanoria Chemicals (KANORICHEM)

Target Type	Value
Downside Target	102.30
Downside Target	108.25
Downside Target	110.80
Downside Target	116.00
Upside Target	124.49
Upside Target	128.05
Upside Target	128.50
Upside Target	130.40
Upside Target	133.80
Upside Target	135.00
Upside Target	138.50
Upside Target	138.72
Upside Target	142.00

Intraday share price targets for Kanoria Chemicals (KANORICHEM)

Target Type	Value
Downside Intraday Target	119.56
Downside Intraday Target	117.94
Upside Intraday Target	123.65
Upside Intraday Target	126.12
Upside Intraday Target	122.03

Weekly technical analysis of Kanoria Chemicals (KANORICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	121.19	124.49	124.49	120.40	0.1 times
09 Fri Aug 2024	123.36	127.25	128.05	116.00	0.861 times
02 Fri Aug 2024	127.25	125.80	135.00	124.50	1.922 times
26 Fri Jul 2024	125.67	119.50	128.50	118.27	1.101 times
19 Fri Jul 2024	121.33	127.40	130.40	120.00	0.303 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
12 Mon Aug 2024	121.19	133.80	133.80	116.00	0.281 times
31 Wed Jul 2024	132.48	126.21	138.72	118.27	1 times
28 Fri Jun 2024	124.80	113.00	142.00	102.30	2.955 times
31 Fri May 2024	111.65	123.20	124.55	110.80	0.32 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 Kanoria Chemicals (KANORICHEM)

Price action analysis of Kanoria Chemicals ( (KANORICHEM) ) 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 Kanoria Chemicals ( (KANORICHEM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Kanoria Chemicals ( (KANORICHEM) ) 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 Kanoria Chemicals ( (KANORICHEM) ) 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 Kanoria Chemicals stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Kanoria Chemicals in short term and the sell signal is strong.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Kanoria Chemicals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 Kanoria Chemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 124.58 and Kanoria Chemicals (KANORICHEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 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.