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(NAHARINDUS) Nahar Industrial complete technical analysis [charts+indicators] | Buy/Sell Nahar Industrial | (NAHARINDUS) share price targets

Complete technical analysis of Nahar Industrial (NAHARINDUS) by charts plus indicators, forecast predictions and share price targets for Nahar Industrial (NAHARINDUS)

Nahar Industrial trades in NSE in Textiles sector.

Showing technical analysis as on 2024-03-18 View latest technical analysis

10 day averaged volume of Nahar Industrial is 58358

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	118.20	118.90	122.00	117.30	0.571 times
15 Fri Mar 2024	118.85	118.20	119.20	115.05	0.73 times
14 Thu Mar 2024	118.20	113.80	119.95	113.80	1.276 times
13 Wed Mar 2024	116.35	126.60	126.60	115.65	1.657 times
12 Tue Mar 2024	125.65	128.50	129.95	125.05	0.733 times
11 Mon Mar 2024	128.50	132.65	135.10	128.00	0.781 times
07 Thu Mar 2024	134.60	130.95	139.20	129.50	1.664 times
06 Wed Mar 2024	129.00	132.30	133.15	127.10	1.171 times
05 Tue Mar 2024	132.75	135.85	135.85	131.95	0.748 times
04 Mon Mar 2024	135.40	137.55	138.85	133.50	1.15 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 123.6, but if it comes above 123.6, then a intra day buy could be more profitable.
If you take a sell trade below 123.6, then use 123.6 as stoploss and 114.5 as target. However if you take a buy trade in stock , then use 123.6 as stoploss and 131.24 as target.

Share price targets for Nahar Industrial (NAHARINDUS)

Target Type	Value
Downside Target	113.80
Downside Target	117.30
Upside Target	120.00
Upside Target	127.10
Upside Target	131.10
Upside Target	135.10
Upside Target	138.20
Upside Target	139.20
Upside Target	141.25
Upside Target	142.00
Upside Target	143.90
Upside Target	146.90
Upside Target	161.90

Intraday share price targets for Nahar Industrial (NAHARINDUS)

Target Type	Value
Downside Intraday Target	116.33
Downside Intraday Target	114.47
Upside Intraday Target	121.03
Upside Intraday Target	123.87
Upside Intraday Target	119.17

Weekly technical analysis of Nahar Industrial (NAHARINDUS)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	118.20	118.90	122.00	117.30	0.11 times
15 Fri Mar 2024	118.85	132.65	135.10	113.80	1.093 times
07 Thu Mar 2024	134.60	137.55	139.20	127.10	0.788 times
02 Sat Mar 2024	135.50	138.35	141.25	131.10	0.8 times
23 Fri Feb 2024	137.30	136.75	146.90	135.30	0.809 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 Nahar Industrial (NAHARINDUS)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	118.20	133.45	139.20	113.80	0.159 times
29 Thu Feb 2024	133.55	140.50	161.90	128.10	2.279 times
31 Wed Jan 2024	138.90	126.10	142.00	123.00	2.196 times
29 Fri Dec 2023	126.80	135.30	138.20	120.00	0.537 times

Scroll below to view daily charts

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 Nahar Industrial (NAHARINDUS)

Price action analysis of Nahar Industrial ( (NAHARINDUS) ) based on a short 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 Nahar Industrial ( (NAHARINDUS) ) 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 Nahar Industrial ( (NAHARINDUS) ) 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 Nahar Industrial stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Nahar Industrial in short term and the sell signal is strong.

Nahar Industrial Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Nahar Industrial in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Nahar Industrial is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 125.98 and Nahar Industrial (NAHARINDUS) 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 Nahar Industrial (NAHARINDUS) stock. Volume based technical analysis of Nahar Industrial (NAHARINDUS) stock is negative.

Nahar Industrial 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.