KANANIIND NEWS why is Kanani Industries Limited price falling or rising

KANANIIND NEWS reasons for why stock price of Kanani Industries Limited is falling or rising

KANANIIND Kanani Industries is falling or rising technical reasons

Technical analysis forecast for Kanani Industries 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 Kanani Industries KANANIIND at this time. Stock is falling and might fall more.

It appears as if Kanani Industries KANANIIND gave a large move recently.

Stock of Kanani Industries (KANANIIND) 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 Kanani Industries is bearish for shortterm, and stock might move down till 6.3 or till 4.6. Use a stoploss of 7.62 and if the stock hits stoploss, then it can shoot up till 8.98

KANANIIND Kanani Industries is falling or rising NEWS fundamental reasons

Company Announcement Harshil Kanani has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. - NEWS as on 2024-04-04

Company Announcement - NEWS as on 2024-04-01

Company Announcement Kanani Industries Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-03-27

Company Announcement Kanani Industries Limited has informed the Exchange about Code of Conduct under SEBI(PIT) Reg., 2015 - NEWS as on 2024-03-20

Board Meeting to discuss Financial Results/Other business matters To consider and approve the financial results for the period ended December 31, 2023 and other business matters - NEWS as on 2024-01-31

Board Meeting to discuss Other business matters 1.Allotment of 9,89,34,000 Equity Shares of Re. 1/- each by way of Bonus Issue to such members whose name appears in Register of Members as on January 30, 2024 being the record date fixed for the said purpose in the proportion of 1 ( - NEWS as on 2024-01-29

Company Announcement Kanani Industries Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on January 15, 2024 - NEWS as on 2023-12-20

More announcements and NEWS

KANANIIND Kanani Industries Limited current price & indicator signals

Moving Averages for Kanani Industries Limited

  • 5Day Average: 6.65
  • 12Day Average: 7.73
  • 20Day Average: 7.97
  • 50Day Average: 7.93
  • 100Day Average: 7.96
  • 150Day Average: 7.78
  • 200Day Average: 7.82

KANANIIND Indicators & signals

Indicator MACD (12,26,9)

7.35, 7.73, -0.18
Indicator MACD is in negative zone

Indicator ADX (14)

0, 37.1, 37.1
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 34
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of KANANIIND Kanani Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
07 Wed Feb 2024 7.25 7.25 to 7.25 4.32% 0.14 times
06 Tue Feb 2024 6.95 6.95 to 6.95 4.51% 0.27 times
05 Mon Feb 2024 6.65 6.15 to 6.65 4.72% 1.41 times
02 Fri Feb 2024 6.35 6.35 to 6.35 4.96% 0.1 times
01 Thu Feb 2024 6.05 6.05 to 6.05 4.31% 0.11 times
31 Wed Jan 2024 5.80 5.80 to 5.80 4.5% 0.14 times
30 Tue Jan 2024 5.55 5.55 to 5.55 -47.39% 0.19 times
29 Mon Jan 2024 10.55 9.65 to 10.55 4.98% 5.61 times
25 Thu Jan 2024 10.05 10.05 to 10.05 4.69% 0.41 times
24 Wed Jan 2024 9.60 9.15 to 9.60 4.92% 0.57 times
23 Tue Jan 2024 9.15 9.10 to 9.15 4.57% 1.19 times
22 Mon Jan 2024 8.75 8.55 to 8.75 4.79% 0.77 times

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KANANIIND NEWS why is Kanani Industries Limited price falling or rising

 

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