Munafa Shri Kanha Stainless Ltd (SHRIKANHA_SM) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Shri Kanha Stainless Ltd (SHRIKANHA_SM) Indicator analysis

Shri Kanha Stainless Ltd stock tips (delivery Volume analysis)

Total 5 day volume for Shri Kanha Stainless Ltd is 81600, out of which 67200 went into delivery, which is 82.35 percent of total volumes

Volumes in the last session was 11200, out of which 9600 went into delivery, which is 85.71 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Shri Kanha SHRIKANHA_SM intraday stock tips

04 Friday September Stock tips for Shri Kanha Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Shri Kanha SHRIKANHA_SM gave a large move recently.

Although my analysis for Shri Kanha 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 20.6, for a target of 21.3 or 21.91

03 Thursday September Stock tips for Shri Kanha Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Shri Kanha SHRIKANHA_SM gave a large move recently.

My analysis of Shri Kanha is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 21.5 as stoploss in an intra day buy trade for a target of 22.02. However, stock will show a bearish move below 21.5.

02 Wednesday September Stock tips for Shri Kanha (SHRIKANHA_SM) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Shri Kanha SHRIKANHA_SM gave a large move recently.

My analysis of Shri Kanha is bullish for shortterm, and stock might move up till 22.6 or till 23.2. Use a stoploss of 22.05 and if this stock hits its stoploss, then it can fall down till 21.51

01 Tuesday September Stock tips for Shri Kanha Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Shri Kanha SHRIKANHA_SM gave a large move recently.

My analysis of Shri Kanha is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Shri Kanha stays below 21.5, but if it comes above 21.5, then a intra day buy could be more profitable.
If you take a sell trade below 21.5, then use 21.5 as stoploss and 20.8 as target. However if you take a buy trade in Shri Kanha, then use 21.5 as stoploss and 22.03 as target.

31 Monday August Stock tips for Shri Kanha (SHRIKANHA_SM) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Shri Kanha SHRIKANHA_SM gave a large move recently.

My analysis of Shri Kanha is bullish for shortterm, and stock might move up till 22.7 or till 23.3. Use a stoploss of 22.11 and if this stock hits its stoploss, then it can fall down till 21.57

27 Thursday August Stock tips for Shri Kanha Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Shri Kanha SHRIKANHA_SM gave a large move recently.

My analysis of Shri Kanha is bearish for shortterm, and stock might move down till 21.6 or till 20.9. Use a stoploss of 22.09 and if the stock hits stoploss, then it can shoot up till 22.63

26 Wednesday August Stock tips for Shri Kanha Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Shri Kanha SHRIKANHA_SM gave a large move recently.

My analysis of Shri Kanha is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 21.6 as stoploss in an intra day buy trade for a target of 22.1. However, stock will show a bearish move below 21.6.

Shri Kanha SHRIKANHA_SM tips for tomorrow

Tomorrow's movement Prediction of Shri Kanha SHRIKANHA_SM appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of Shri Kanha SHRIKANHA_SM looks Bearish... There has been some negative changes in this stock and it appears that this sentiment can continue tomorrow.

Tomorrow's movement Prediction of Shri Kanha SHRIKANHA_SM is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 21.33

Munafa value: 10

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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