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(KARNIKA_SM) Karnika Industries complete technical analysis [charts+indicators] | Buy/Sell Karnika Industries | (KARNIKA_SM) share price targets

Complete technical analysis of Karnika Industries (KARNIKA_SM) by charts plus indicators, forecast predictions and share price targets for Karnika Industries (KARNIKA_SM)

10 day averaged volume of Karnika Industries is 17840

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	316.50	320.00	327.95	309.00	0.516 times
03 Fri May 2024	319.50	326.00	327.00	319.00	0.202 times
02 Thu May 2024	326.00	331.20	331.20	312.10	0.381 times
30 Tue Apr 2024	324.05	316.50	331.10	311.20	1.323 times
29 Mon Apr 2024	316.45	321.90	321.90	306.25	0.919 times
26 Fri Apr 2024	307.35	300.00	319.00	300.00	1.883 times
25 Thu Apr 2024	305.10	305.10	306.00	305.00	0.359 times
24 Wed Apr 2024	305.00	303.00	316.50	303.00	2.152 times
23 Tue Apr 2024	305.65	306.00	309.70	303.00	1.435 times
22 Mon Apr 2024	309.75	313.00	313.00	306.00	1.256 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 316.3, but if it comes below 316.3, then a intra day sell could be more profitable.
If you take a sell trade below 316.3, then use 316.3 as stoploss and 305.45 as target. However if you take a buy trade in stock , then use 316.3 as stoploss and 329.2 as target.

Share price targets for Karnika Industries (KARNIKA_SM)

Target Type	Value
Downside Target	119.75
Downside Target	129.35
Downside Target	161.00
Downside Target	219.55
Downside Target	245.95
Downside Target	281.00
Downside Target	288.50
Downside Target	300.00
Downside Target	309.00
Upside Target	319.00
Upside Target	327.95
Upside Target	331.10
Upside Target	331.20

Intraday share price targets for Karnika Industries (KARNIKA_SM)

Target Type	Value
Downside Intraday Target	307.68
Downside Intraday Target	298.87
Upside Intraday Target	326.63
Upside Intraday Target	336.77
Upside Intraday Target	317.82

Weekly technical analysis of Karnika Industries (KARNIKA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	316.50	320.00	327.95	309.00	0.183 times
03 Fri May 2024	319.50	321.90	331.20	306.25	0.399 times
26 Fri Apr 2024	307.35	313.00	319.00	300.00	1.068 times
19 Fri Apr 2024	308.00	298.00	308.00	288.50	0.607 times
12 Fri Apr 2024	304.25	287.10	304.25	281.00	0.841 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 Karnika Industries (KARNIKA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Tue May 2024	316.50	331.20	331.20	309.00	0.028 times
30 Tue Apr 2024	324.05	301.70	331.10	281.00	0.715 times
28 Thu Mar 2024	301.70	222.05	308.00	219.55	0.547 times
29 Thu Feb 2024	232.55	137.55	245.95	129.35	1.725 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 Karnika Industries (KARNIKA_SM)

Price action analysis of Karnika Industries ( (KARNIKA_SM) ) 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 Karnika Industries ( (KARNIKA_SM) ) 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 Karnika Industries ( (KARNIKA_SM) ) 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 Karnika Industries ( (KARNIKA_SM) ) 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 Karnika Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Karnika Industries in short term but the sell signal is initial and weak.

Karnika Industries 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Karnika Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Karnika Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 311.13 and Karnika Industries (KARNIKA_SM) 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 Karnika Industries (KARNIKA_SM) stock. Volume based technical analysis of Karnika Industries (KARNIKA_SM) stock is negative.

Karnika Industries 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.