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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 2024-08-16 View latest technical analysis

10 day averaged volume of Kanoria Chemicals is 48591

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	119.56	116.45	120.69	115.43	0.981 times
14 Wed Aug 2024	115.41	117.31	118.35	115.10	0.435 times
13 Tue Aug 2024	117.21	120.00	121.25	117.00	0.73 times
12 Mon Aug 2024	121.19	124.49	124.49	120.40	0.654 times
09 Fri Aug 2024	123.36	122.02	124.39	121.45	0.574 times
08 Thu Aug 2024	121.46	120.99	123.90	119.41	0.76 times
07 Wed Aug 2024	120.65	118.50	121.29	118.50	0.443 times
06 Tue Aug 2024	119.15	116.00	121.90	116.00	2.127 times
05 Mon Aug 2024	117.28	127.25	128.05	116.00	2.616 times
02 Fri Aug 2024	127.25	127.27	129.86	125.05	0.921 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 118.8 as stoploss in an intra day buy trade for a target of 123.15. However, stock will show a bearish move below 118.8.

Share price targets for Kanoria Chemicals (KANORICHEM)

Target Type	Value
Downside Target	102.30
Downside Target	108.25
Downside Target	110.80
Downside Target	115.10
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	114.94
Downside Intraday Target	110.33
Upside Intraday Target	124.33
Upside Intraday Target	129.11
Upside Intraday Target	119.72

Weekly technical analysis of Kanoria Chemicals (KANORICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	119.56	124.49	124.49	115.10	0.429 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
16 Fri Aug 2024	119.56	133.80	133.80	115.10	0.349 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 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 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 to mid 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 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 losing 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 weakening, and bulls are picking up momentum!

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 Kanoria Chemicals in short term but BUY 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 119.75 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.