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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 2024-05-08 View latest technical analysis

10 day averaged volume of Nahar Industrial is 34713

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	122.90	124.80	126.20	122.10	0.534 times
07 Tue May 2024	124.15	125.65	126.30	123.05	0.424 times
06 Mon May 2024	125.65	129.25	129.30	125.05	0.943 times
03 Fri May 2024	128.60	129.85	130.55	127.05	0.717 times
02 Thu May 2024	129.20	130.80	131.00	128.80	0.778 times
30 Tue Apr 2024	130.15	132.00	132.80	130.00	0.81 times
29 Mon Apr 2024	131.30	129.50	135.00	129.15	1.068 times
26 Fri Apr 2024	130.10	130.70	132.65	129.15	0.469 times
25 Thu Apr 2024	130.00	130.45	133.60	129.55	1.273 times
24 Wed Apr 2024	130.40	134.20	134.90	129.70	1.809 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 124.8, but if it comes above 124.8, then a intra day buy could be more profitable.
If you take a sell trade below 124.8, then use 124.8 as stoploss and 121.2 as target. However if you take a buy trade in stock , then use 124.8 as stoploss and 127.83 as target.

Share price targets for Nahar Industrial (NAHARINDUS)

Target Type	Value
Downside Target	113.00
Downside Target	121.65
Upside Target	127.05
Upside Target	130.75
Upside Target	131.00
Upside Target	134.90
Upside Target	135.00
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	120.23
Downside Intraday Target	117.57
Upside Intraday Target	127.43
Upside Intraday Target	131.97
Upside Intraday Target	124.77

Weekly technical analysis of Nahar Industrial (NAHARINDUS)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	122.90	129.25	129.30	122.10	0.563 times
03 Fri May 2024	128.60	129.50	135.00	127.05	0.31 times
26 Fri Apr 2024	130.10	124.45	134.90	124.45	2.48 times
19 Fri Apr 2024	123.75	123.30	129.00	121.65	0.571 times
12 Fri Apr 2024	128.55	129.50	130.75	124.00	0.991 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 Wed May 2024	122.90	130.80	131.00	122.10	0.104 times
30 Tue Apr 2024	130.15	113.80	135.00	113.80	1.014 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

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 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 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 Weak and stock is gaining 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 getting stronger in this stock.

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

CCI has generated a SELL signal for Nahar Industrial 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 128.9 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.