Stock analysis Kanoria Chemicals & Industries Limited KANORICHEM
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Recent prices of KANORICHEM Kanoria Chemicals & Industries Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
26 Thu Dec 2024 | 114.69 | 113.22 to 117.99 | -1.47% | 1.27 times |
24 Tue Dec 2024 | 116.40 | 116.00 to 118.18 | -0.3% | 0.31 times |
23 Mon Dec 2024 | 116.75 | 116.10 to 118.74 | 0.07% | 0.37 times |
20 Fri Dec 2024 | 116.67 | 115.50 to 120.00 | -1.41% | 0.67 times |
19 Thu Dec 2024 | 118.34 | 117.51 to 119.51 | -1.28% | 0.67 times |
18 Wed Dec 2024 | 119.88 | 118.82 to 123.01 | 0% | 0.67 times |
18 Wed Dec 2024 | 119.88 | 118.82 to 123.01 | -3.24% | 0.67 times |
17 Tue Dec 2024 | 123.90 | 119.00 to 127.00 | 3.22% | 3.42 times |
16 Mon Dec 2024 | 120.04 | 119.01 to 121.60 | -0.15% | 0.8 times |
13 Fri Dec 2024 | 120.22 | 118.62 to 122.99 | -1.92% | 1.57 times |
12 Thu Dec 2024 | 122.57 | 120.44 to 125.50 | 0% | 0.85 times |
11 Wed Dec 2024 | 122.57 | 120.95 to 127.00 | 1.49% | 2.16 times |
Technical analysis forecast for Kanoria Chemicals & Industries Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Kanoria Chemicals & Industries Limited KANORICHEM at this time. Stock is falling and might fall more.
It appears as if Kanoria Chemicals & Industries Limited KANORICHEM gave a large move recently.
Stock of Kanoria Chemicals & Industries Limited (KANORICHEM) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
Although my analysis for Kanoria Chemicals & Industries Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 113.8, for a target of 116.5 or 118.79