Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-11-16 View latest technical analysis

10 day averaged volume of Kanani Ind is 21117

Date Daily Closing Price Open High Low Volume
16 Wed Nov 2022 8.25 8.10 8.59 8.10 1.321 times
15 Tue Nov 2022 8.53 8.55 8.79 8.28 0.899 times
14 Mon Nov 2022 8.64 8.08 8.85 8.08 0.851 times
11 Fri Nov 2022 8.69 8.90 8.90 8.48 1.043 times
10 Thu Nov 2022 8.62 8.32 8.80 8.32 1.651 times
09 Wed Nov 2022 8.68 8.65 8.98 8.52 0.708 times
07 Mon Nov 2022 8.61 8.55 9.08 8.55 0.675 times
04 Fri Nov 2022 8.75 8.90 9.35 8.56 0.96 times
03 Thu Nov 2022 8.64 8.42 9.55 8.30 1.505 times
02 Wed Nov 2022 8.90 8.72 9.45 8.40 0.865 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.3, but if it comes above 8.3, then a intra day buy could be more profitable.
If you take a sell trade below 8.3, then use 8.3 as stoploss and 7.9 as target. However if you take a buy trade in stock , then use 8.3 as stoploss and 8.62 as target.

Share price targets for Kanani Ind (KananiInd)

Target Type Value
Downside Target 7.62
Downside Target 7.92
Upside Target 8.30
Upside Target 8.59
Upside Target 9.08
Upside Target 9.50
Upside Target 9.55
Upside Target 10.36
Upside Target 12.54
Upside Target 15.00

Intraday share price targets for Kanani Ind (KananiInd)

Target Type Value
Downside Intraday Target 7.94
Downside Intraday Target 7.62
Upside Intraday Target 8.71
Upside Intraday Target 9.16
Upside Intraday Target 8.39

Weekly technical analysis of Kanani Ind (KananiInd)

Date Weekly Closing Price Open High Low Volume
16 Wed Nov 2022 8.25 8.08 8.85 8.08 0.753 times
11 Fri Nov 2022 8.69 8.55 9.08 8.32 0.773 times
04 Fri Nov 2022 8.75 8.90 9.55 8.30 1.035 times
28 Fri Oct 2022 8.86 9.02 9.50 8.72 1.294 times
21 Fri Oct 2022 8.56 8.02 8.75 7.95 0.581 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 Kanani Ind (KananiInd)

Date Monthly Closing Price Open High Low Volume
16 Wed Nov 2022 8.25 8.87 9.55 8.08 0.52 times
31 Mon Oct 2022 8.86 8.56 9.50 7.92 0.682 times
30 Fri Sep 2022 8.86 9.69 10.36 8.00 0.266 times
30 Tue Aug 2022 9.67 8.59 12.54 8.59 0.866 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 Kanani Ind (KananiInd)

Indicator Name Indicator Value Indicator Signal
ADX 13, 15, 6 Sell
MACD -0, -0Buy
Stochastics 27Sell
CCI -161Sell
RSI 57Buy
OBV -114246Sell
VWAP 9Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Kanani Ind ( (KananiInd) ) 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 Kanani Ind ( (KananiInd) ) 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 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 SELL. 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.

Kanani Ind Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Kanani Ind in short term and SELL 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 8.62 and Kanani Ind (KananiInd) 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 Kanani Ind (KananiInd) stock. Volume based technical analysis of Kanani Ind (KananiInd) stock is negative.

Kanani Ind 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.

Click here for Kanani Ind charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme