Homepage Active Options Active Stocks

Stock analysis Kanoria Chemicals & Industries Limited KANORICHEM

More indepth analysis on MunafaSutra.com

Moving Averages for Kanoria Chemicals & Industries Limited

  • 5Day Average: 138.85
  • 12Day Average: 142.41
  • 20Day Average: 147.01
  • 50Day Average: 134.49
  • 100Day Average: 128.58
  • 150Day Average: 124.91
  • 200Day Average: 126.34

KANORICHEM Indicators & signals

Indicator MACD (12,26,9)

141.08, 140.94, 2.26
Indicator MACD is in positive zone

Indicator ADX (14)

13.3, 18.38, 24.01
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

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
14 Mon Oct 2024 134.44 131.41 to 139.80 -2.29% 0.43 times
11 Fri Oct 2024 137.59 136.70 to 141.34 -1.15% 0.34 times
10 Thu Oct 2024 139.19 136.70 to 144.68 -0.99% 0.65 times
09 Wed Oct 2024 140.58 139.00 to 143.00 -1.33% 0.44 times
08 Tue Oct 2024 142.47 130.01 to 144.00 7.96% 1.36 times
07 Mon Oct 2024 131.96 130.50 to 147.70 -9.41% 1.37 times
04 Fri Oct 2024 145.66 144.92 to 153.80 -4.15% 0.87 times
03 Thu Oct 2024 151.96 148.30 to 155.50 -2.28% 1.05 times
01 Tue Oct 2024 155.50 143.91 to 158.00 8.36% 2.32 times
30 Mon Sep 2024 143.50 141.50 to 147.29 -1.1% 0.34 times
27 Fri Sep 2024 145.10 140.75 to 149.90 2.95% 1.28 times
26 Thu Sep 2024 140.94 140.15 to 145.88 -1.85% 0.55 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...

My analysis of Kanoria Chemicals & Industries Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 131.3 as stoploss in an intra day buy trade for a target of 141.57. However, stock will show a bearish move below 131.3.

More indepth analysis on MunafaSutra.com