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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 2024-08-29 View latest technical analysis

10 day averaged volume of Kanoria Chemicals is 102792

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	127.60	126.98	128.75	125.19	0.5 times
28 Wed Aug 2024	126.98	123.49	134.78	123.49	4.557 times
27 Tue Aug 2024	122.69	122.75	127.15	121.99	0.667 times
26 Mon Aug 2024	122.70	121.49	123.89	120.90	0.392 times
23 Fri Aug 2024	120.54	123.50	123.92	120.25	0.702 times
22 Thu Aug 2024	123.18	121.50	126.40	121.09	0.913 times
21 Wed Aug 2024	120.52	120.09	122.90	119.51	0.48 times
20 Tue Aug 2024	120.14	119.15	123.00	118.44	1.47 times
19 Mon Aug 2024	118.70	120.95	120.95	118.00	0.15 times
16 Fri Aug 2024	119.56	116.45	120.69	115.43	0.464 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 125.2, but if it comes below 125.2, then a intra day sell could be more profitable.
If you take a sell trade below 125.2, then use 125.2 as stoploss and 121.68 as target. However if you take a buy trade in stock , then use 125.2 as stoploss and 129.4 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	115.10
Downside Target	120.90
Downside Target	124.49
Upside Target	128.05
Upside Target	134.78
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	120.74
Downside Intraday Target	113.88
Upside Intraday Target	134.62
Upside Intraday Target	141.64
Upside Intraday Target	127.76

Weekly technical analysis of Kanoria Chemicals (KANORICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	127.60	121.49	134.78	120.90	1.646 times
23 Fri Aug 2024	120.54	120.95	126.40	118.00	2.808 times
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

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

Monthly technical analysis of Kanoria Chemicals (KANORICHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	127.60	133.80	134.78	115.10	1.011 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 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 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 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 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 and selling is picking up 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 124.06 and Kanoria Chemicals (KANORICHEM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.