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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 15007

Date Daily Closing Price Open High Low Volume
08 Fri Nov 2024 58.03 58.11 59.45 56.90 0.758 times
07 Thu Nov 2024 58.11 59.30 60.00 57.50 1.087 times
06 Wed Nov 2024 59.30 58.05 60.00 58.05 0.976 times
05 Tue Nov 2024 59.59 56.01 60.80 56.01 0.853 times
04 Mon Nov 2024 58.49 59.95 59.95 57.55 1.019 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.7, but if it comes above 58.7, then a intra day buy could be more profitable.
If you take a sell trade below 58.7, then use 58.7 as stoploss and 56.6 as target. However if you take a buy trade in stock , then use 58.7 as stoploss and 60.49 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
Upside Target 60.36
Upside Target 62.29
Upside Target 62.90
Upside Target 65.49
Upside Target 65.90
Upside Target 66.00
Upside Target 72.51

Intraday share price targets for Niraj Cement (NIRAJ_BE)

Target Type Value
Downside Intraday Target 55.76
Downside Intraday Target 53.49
Upside Intraday Target 60.55
Upside Intraday Target 63.07
Upside Intraday Target 58.28

Weekly technical analysis of Niraj Cement (NIRAJ_BE)

Date Weekly Closing Price Open High Low Volume
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
30 Wed Oct 2024 59.87 59.20 62.90 57.60 0.352 times
25 Fri Oct 2024 61.79 60.60 65.49 58.60 1.066 times
18 Fri Oct 2024 63.04 64.11 65.90 57.90 1.181 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Niraj Cement (NIRAJ_BE)

Date Monthly Closing Price Open High Low Volume
08 Fri Nov 2024 58.03 59.97 60.80 56.01 0.101 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 down 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 5, 19, 56 Sell
MACD 1, 1Sell
Stochastics 40None
CCI -177Sell
RSI 54Buy
OBV -126111Sell
VWAP 59Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Niraj Cement ( (NIRAJ_BE) ) based on a short term time period is

Price action analysis of Niraj Cement ( (NIRAJ_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Niraj Cement ( (NIRAJ_BE) ) based on a short to mid 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.

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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Niraj Cement in short term but the sell signal is initial and weak.

Niraj Cement Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 59.13 and Niraj Cement (NIRAJ_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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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