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 2022-11-28 View latest technical analysis

10 day averaged volume of Kanani Ind is 30173

Date Daily Closing Price Open High Low Volume
28 Mon Nov 2022 8.07 8.07 8.32 8.05 0.617 times
25 Fri Nov 2022 8.24 8.09 8.30 7.83 1.708 times
24 Thu Nov 2022 8.09 8.01 8.32 8.00 0.268 times
23 Wed Nov 2022 8.18 8.35 8.35 8.02 0.475 times
22 Tue Nov 2022 8.15 8.11 8.15 8.05 0.128 times
21 Mon Nov 2022 8.13 8.21 8.35 8.00 3.194 times
18 Fri Nov 2022 8.38 8.15 8.64 8.15 0.281 times
17 Thu Nov 2022 8.51 8.35 8.90 8.13 1.795 times
16 Wed Nov 2022 8.25 8.10 8.59 8.10 0.925 times
15 Tue Nov 2022 8.53 8.55 8.79 8.28 0.629 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.2, but if it comes above 8.2, then a intra day buy could be more profitable.
If you take a sell trade below 8.2, then use 8.2 as stoploss and 7.9 as target. However if you take a buy trade in stock , then use 8.2 as stoploss and 8.48 as target.

Share price targets for Kanani Ind (KananiInd)

Target Type Value
Downside Target 7.62
Downside Target 7.83
Upside Target 8.30
Upside Target 8.59
Upside Target 8.90
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 7.97
Downside Intraday Target 7.88
Upside Intraday Target 8.24
Upside Intraday Target 8.42
Upside Intraday Target 8.15

Weekly technical analysis of Kanani Ind (KananiInd)

Date Weekly Closing Price Open High Low Volume
28 Mon Nov 2022 8.07 8.07 8.32 8.05 0.107 times
25 Fri Nov 2022 8.24 8.21 8.35 7.83 1.367 times
18 Fri Nov 2022 8.38 8.08 8.90 8.08 1.481 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

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
28 Mon Nov 2022 8.07 8.87 9.55 7.83 1.075 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 12, 12, 0 Sell
MACD -0, -0Sell
Stochastics 24Sell
CCI -55Buy
RSI 53Buy
OBV -109096Sell
VWAP 8Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Kanani Ind ( (KananiInd) ) based on a short term time period is

Price action analysis of Kanani Ind ( (KananiInd) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

MACD generated a SELL signal for Kanani Ind in short term and the sell signal is strong.

Kanani Ind Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Kanani Ind in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Stock of Kanani Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.26 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