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(NIRAJ_BE) Niraj Cement complete technical analysis [charts+indicators] | Buy/Sell Niraj Cement | (NIRAJ_BE) share price targets

Complete technical analysis of Niraj Cement (NIRAJ_BE) by charts plus indicators, forecast predictions and share price targets for Niraj Cement (NIRAJ_BE)

10 day averaged volume of Niraj Cement is 23677

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 62.00 62.00 62.00 62.00 0.684 times
22 Fri Nov 2024 63.27 61.55 63.40 60.00 0.567 times
21 Thu Nov 2024 62.94 65.45 65.45 61.72 1.533 times
19 Tue Nov 2024 63.30 63.30 63.30 61.51 2.766 times
18 Mon Nov 2024 60.29 57.99 60.29 57.99 1.378 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 61.6, but if it comes below 61.6, then a intra day sell could be more profitable.
If you take a sell trade below 61.6, then use 61.6 as stoploss and 59.47 as target. However if you take a buy trade in stock , then use 61.6 as stoploss and 64.1 as target.

Share price targets for Niraj Cement (NIRAJ_BE)

Target Type Value
Downside Target 36.20
Downside Target 36.95
Downside Target 48.70
Downside Target 51.70
Downside Target 56.01
Downside Target 57.60
Downside Target 59.30
Downside Target 62.00
Upside Target 62.29
Upside Target 65.45
Upside Target 66.00
Upside Target 72.51

Intraday share price targets for Niraj Cement (NIRAJ_BE)

Target Type Value
Downside Intraday Target 62
Downside Intraday Target 62
Downside Intraday Target 62
Downside Intraday Target 62
Downside Intraday Target 62

Weekly technical analysis of Niraj Cement (NIRAJ_BE)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 62.00 62.00 62.00 62.00 0.11 times
22 Fri Nov 2024 63.27 57.99 65.45 57.99 2.409 times
14 Thu Nov 2024 57.42 56.90 59.30 52.01 0.871 times
08 Fri Nov 2024 58.03 59.95 60.80 56.01 1.587 times
01 Fri Nov 2024 59.48 57.60 60.36 57.60 0.68 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 Niraj Cement (NIRAJ_BE)

Date Monthly Closing Price Open High Low Volume
25 Mon Nov 2024 62.00 59.97 65.45 52.01 0.412 times
31 Thu Oct 2024 58.29 63.98 66.00 57.60 0.973 times
30 Mon Sep 2024 62.47 71.90 72.51 62.29 1.447 times
22 Mon Apr 2024 41.85 36.95 51.70 36.95 0.868 times

Price has moved up 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 Niraj Cement (NIRAJ_BE)

Indicator Name Indicator Value Indicator Signal
ADX 21, 21, 0 Sell
MACD 2, 1Buy
Stochastics 80Buy
CCI 68Sell
RSI 57Buy
OBV 50537Sell
VWAP 61Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Niraj Cement ( (NIRAJ_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Niraj Cement ( (NIRAJ_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Niraj Cement ( (NIRAJ_BE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Niraj Cement ( (NIRAJ_BE) ) 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 Niraj Cement stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Niraj Cement in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Niraj Cement Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Niraj Cement in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Niraj Cement is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.85 and Niraj Cement (NIRAJ_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Niraj Cement (NIRAJ_BE) stock. Volume based technical analysis of Niraj Cement (NIRAJ_BE) stock is negative.

Niraj Cement Stock is giving positive 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.

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