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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 2024-08-13 View latest technical analysis

10 day averaged volume of Kanoria Chemicals is 65545

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	117.21	120.00	121.25	117.00	0.541 times
12 Mon Aug 2024	121.19	124.49	124.49	120.40	0.484 times
09 Fri Aug 2024	123.36	122.02	124.39	121.45	0.426 times
08 Thu Aug 2024	121.46	120.99	123.90	119.41	0.563 times
07 Wed Aug 2024	120.65	118.50	121.29	118.50	0.328 times
06 Tue Aug 2024	119.15	116.00	121.90	116.00	1.577 times
05 Mon Aug 2024	117.28	127.25	128.05	116.00	1.94 times
02 Fri Aug 2024	127.25	127.27	129.86	125.05	0.683 times
01 Thu Aug 2024	127.93	133.80	133.80	127.50	0.549 times
31 Wed Jul 2024	132.48	132.50	135.00	130.00	1.954 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 120, but if it comes above 120, then a intra day buy could be more profitable.
If you take a sell trade below 120, then use 120 as stoploss and 115.2 as target. However if you take a buy trade in stock , then use 120 as stoploss and 124 as target.

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	114.64
Downside Intraday Target	112.08
Upside Intraday Target	122.13
Upside Intraday Target	127.06
Upside Intraday Target	119.57

Weekly technical analysis of Kanoria Chemicals (KANORICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	117.21	124.49	124.49	117.00	0.212 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
13 Tue Aug 2024	117.21	133.80	133.80	116.00	0.304 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 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 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 to mid 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 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 Strong 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 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 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 123.16 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.