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(KARMAENG) Karma Energy complete technical analysis [charts+indicators] | Buy/Sell Karma Energy | (KARMAENG) share price targets

Complete technical analysis of Karma Energy (KARMAENG) by charts plus indicators, forecast predictions and share price targets for Karma Energy (KARMAENG)

Karma Energy trades in NSE in Electric Utilities sector.

Showing technical analysis as on 2023-11-20 View latest technical analysis

10 day averaged volume of Karma Energy is 23518

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Nov 2023	61.00	67.40	67.40	61.00	5.723 times
17 Fri Nov 2023	64.20	64.20	64.20	64.20	0.733 times
16 Thu Nov 2023	61.15	61.10	61.15	61.10	0.414 times
15 Wed Nov 2023	58.25	58.20	58.25	58.20	1.327 times
13 Mon Nov 2023	55.50	55.50	55.50	52.85	3.311 times
12 Sun Nov 2023	52.90	52.90	52.90	52.90	0.23 times
10 Fri Nov 2023	50.40	50.00	50.40	50.00	1.217 times
09 Thu Nov 2023	48.00	46.50	48.00	44.60	0.954 times
08 Wed Nov 2023	45.75	44.45	45.75	42.60	1.123 times
07 Tue Nov 2023	43.60	44.85	45.00	43.50	0.376 times

Stock of Karma Energy (KARMAENG) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.2, but if it comes below 56.2, then a intra day sell could be more profitable.
If you take a sell trade below 56.2, then use 56.2 as stoploss and 49.41 as target. However if you take a buy trade in stock , then use 56.2 as stoploss and 64.3 as target.

Share price targets for Karma Energy (KARMAENG)

Target Type	Value
Downside Target	31.50
Downside Target	33.00
Downside Target	35.85
Downside Target	40.50
Downside Target	42.60
Downside Target	47.00
Downside Target	48.00
Downside Target	49.45
Downside Target	50.40
Downside Target	52.85
Downside Target	61.00
Upside Target	64.20
Upside Target	67.40

Intraday share price targets for Karma Energy (KARMAENG)

Target Type	Value
Downside Intraday Target	58.87
Downside Intraday Target	56.73
Upside Intraday Target	65.27
Upside Intraday Target	69.53
Upside Intraday Target	63.13

Weekly technical analysis of Karma Energy (KARMAENG)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Nov 2023	61.00	67.40	67.40	61.00	0.951 times
17 Fri Nov 2023	64.20	52.90	64.20	52.85	1.51 times
10 Fri Nov 2023	50.40	43.20	50.40	42.60	2.537 times
02 Wed Aug 2023	43.75	46.60	48.00	43.05	0.202 times
28 Fri Jul 2023	44.50	42.25	49.45	41.30	3.568 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 Karma Energy (KARMAENG)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Mon Nov 2023	61.00	43.20	67.40	42.60	14.397 times
02 Wed Aug 2023	43.75	47.00	48.00	43.05	0.065 times
31 Mon Jul 2023	46.65	46.00	49.45	40.50	0.251 times
30 Fri Jun 2023	44.15	34.50	47.00	33.00	65.888 times

Scroll below to view daily charts

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

Indicators analysis of Karma Energy (KARMAENG)

Price action analysis of Karma Energy ( (KARMAENG) ) 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 Karma Energy ( (KARMAENG) ) 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 Karma Energy ( (KARMAENG) ) 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 Karma Energy stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Karma Energy 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.

Karma Energy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Karma Energy in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 Karma Energy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.44 and Karma Energy (KARMAENG) 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 Karma Energy (KARMAENG) stock. Volume based technical analysis of Karma Energy (KARMAENG) stock is negative.

Karma Energy 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.