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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 2024-04-08 View latest technical analysis

10 day averaged volume of Nahar Industrial is 58505

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	127.80	129.50	130.75	127.00	0.404 times
05 Fri Apr 2024	128.80	128.95	130.00	127.80	0.609 times
04 Thu Apr 2024	129.50	128.70	132.00	128.00	0.864 times
03 Wed Apr 2024	127.80	121.90	131.00	121.90	1.613 times
02 Tue Apr 2024	123.05	121.00	124.40	120.75	0.602 times
01 Mon Apr 2024	121.00	113.80	121.50	113.80	0.914 times
28 Thu Mar 2024	113.50	115.00	118.45	113.00	1.045 times
27 Wed Mar 2024	114.10	114.35	116.25	113.20	1.293 times
26 Tue Mar 2024	114.05	119.40	119.40	113.05	1.562 times
22 Fri Mar 2024	118.00	115.40	119.70	115.05	1.048 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 127.5, but if it comes below 127.5, then a intra day sell could be more profitable.
If you take a sell trade below 127.5, then use 127.5 as stoploss and 121.29 as target. However if you take a buy trade in stock , then use 127.5 as stoploss and 135 as target.

Share price targets for Nahar Industrial (NAHARINDUS)

Target Type	Value
Downside Target	113.00
Downside Target	119.40
Downside Target	127.00
Upside Target	130.75
Upside Target	132.00
Upside Target	135.10
Upside Target	138.20
Upside Target	139.20
Upside Target	142.00
Upside Target	161.90

Intraday share price targets for Nahar Industrial (NAHARINDUS)

Target Type	Value
Downside Intraday Target	126.28
Downside Intraday Target	124.77
Upside Intraday Target	130.03
Upside Intraday Target	132.27
Upside Intraday Target	128.52

Weekly technical analysis of Nahar Industrial (NAHARINDUS)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	127.80	129.50	130.75	127.00	0.088 times
05 Fri Apr 2024	128.80	113.80	132.00	113.80	1.18 times
28 Thu Mar 2024	113.50	119.40	119.40	113.00	0.999 times
22 Fri Mar 2024	118.00	118.90	122.00	113.70	0.757 times
15 Fri Mar 2024	118.85	132.65	135.10	113.80	1.093 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
08 Mon Apr 2024	127.80	113.80	132.00	113.80	0.262 times
28 Thu Mar 2024	113.50	133.45	139.20	113.00	0.257 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

Scroll below to view daily charts

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 Nahar Industrial (NAHARINDUS)

Price action analysis of Nahar Industrial ( (NAHARINDUS) ) 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 Nahar Industrial ( (NAHARINDUS) ) 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 Nahar Industrial ( (NAHARINDUS) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Nahar Industrial stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Nahar Industrial in short term but the buy signal is initial and weak.

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

Nahar Industrial 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 Nahar Industrial in short term but SELL signal is weak.

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 Nahar Industrial is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 120.63 and Nahar Industrial (NAHARINDUS) 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 Nahar Industrial (NAHARINDUS) stock. Volume based technical analysis of Nahar Industrial (NAHARINDUS) stock is negative.

Nahar Industrial 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.