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(KananiInd) Kanani Ind complete technical analysis [charts+indicators] | Buy/Sell Kanani Ind | (KananiInd) share price targets

Complete technical analysis of Kanani Ind (KananiInd) by charts plus indicators, forecast predictions and share price targets for Kanani Ind (KananiInd)

Showing technical analysis as on 2022-08-08 View latest technical analysis

10 day averaged volume of Kanani Ind is 130943

Date Daily Closing Price Open High Low Volume
08 Mon Aug 2022 10.85 10.74 10.85 10.54 0.527 times
05 Fri Aug 2022 10.34 10.20 10.42 9.68 1.847 times
04 Thu Aug 2022 9.93 9.93 9.93 9.46 2.753 times
03 Wed Aug 2022 9.46 9.46 9.46 8.65 2.193 times
02 Tue Aug 2022 9.01 9.01 9.01 9.01 0.113 times
01 Mon Aug 2022 8.59 8.59 8.59 8.59 0.218 times
29 Fri Jul 2022 8.19 8.16 8.19 7.83 0.224 times
28 Thu Jul 2022 7.80 8.00 8.23 7.62 0.288 times
27 Wed Jul 2022 8.00 8.72 8.72 8.00 1.173 times
26 Tue Jul 2022 8.42 8.68 8.68 8.42 0.57 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 10.4, but if it comes below 10.4, then a intra day sell could be more profitable.
If you take a sell trade below 10.4, then use 10.4 as stoploss and 9.5 as target. However if you take a buy trade in stock , then use 10.4 as stoploss and 11.5 as target.

Share price targets for Kanani Ind (KananiInd)

Target Type Value
Downside Target 7.62
Downside Target 8.59
Downside Target 9.30
Downside Target 9.53
Downside Target 10.42
Downside Target 10.85
Upside Target 12.35
Upside Target 13.80
Upside Target 15.00
Upside Target 20.75
Upside Target 26.60
Upside Target 29.50
Upside Target 30.15
Upside Target 42.70

Intraday share price targets for Kanani Ind (KananiInd)

Target Type Value
Downside Intraday Target 10.64
Downside Intraday Target 10.44
Upside Intraday Target 10.95
Upside Intraday Target 11.06
Downside Intraday Target 10.75

Weekly technical analysis of Kanani Ind (KananiInd)

Date Weekly Closing Price Open High Low Volume
08 Mon Aug 2022 10.85 10.74 10.85 10.54 0.074 times
05 Fri Aug 2022 10.34 8.59 10.42 8.59 2.477 times
29 Fri Jul 2022 8.19 9.20 9.53 7.62 0.581 times
22 Fri Jul 2022 9.32 10.00 10.55 9.30 0.596 times
15 Fri Jul 2022 10.12 12.35 12.35 9.69 3.216 times

Price has moved up 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 Kanani Ind (KananiInd)

Date Monthly Closing Price Open High Low Volume
08 Mon Aug 2022 10.85 8.59 10.85 8.59 0.342 times
29 Fri Jul 2022 8.19 14.39 15.00 7.62 0.967 times
30 Thu Jun 2022 14.60 27.60 29.50 13.80 1.146 times
31 Tue May 2022 29.05 27.80 42.70 26.60 1.372 times

Scroll below to view daily charts

Price has moved up 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 Kanani Ind (KananiInd)

Indicator Name Indicator Value Indicator Signal
ADX 40, 29, 16 Buy
MACD -4, -5Buy
Stochastics 99Buy
CCI 152Buy
RSI 54Buy
OBV 1095519Sell
VWAP 9Buy
ADL 0Sell
ROC 22Buy
Force Index 0Sell

Price action analysis of Kanani Ind ( (KananiInd) ) 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 Kanani Ind ( (KananiInd) ) 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 Kanani Ind ( (KananiInd) ) 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 Kanani Ind ( (KananiInd) ) based on a mid to longer 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.

ADX buy sell signal for Kanani Ind stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Kanani Ind in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Kanani Ind Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 buy signal for Kanani Ind in short term and BUY signal is strong.

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 Kanani Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9.49 and Kanani Ind (KananiInd) 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 Kanani Ind (KananiInd) stock. Volume based technical analysis of Kanani Ind (KananiInd) stock is negative.

Kanani Ind 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.

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Daily charts

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Daily chart

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