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(NIFTY_METAL) Nifty Metal complete technical analysis [charts+indicators] | Buy/Sell Nifty Metal | (NIFTY_METAL) share price targets

Complete technical analysis of Nifty Metal (NIFTY_METAL) by charts plus indicators, forecast predictions and share price targets for Nifty Metal (NIFTY_METAL)

10 day averaged volume of Nifty Metal is 0

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 4397.45 4378.10 4463.75 4318.70 NAN times
13 Tue Apr 2021 4337.90 4215.25 4347.35 4200.25 NAN times
12 Mon Apr 2021 4196.00 4372.65 4378.45 4166.45 NAN times
09 Fri Apr 2021 4467.30 4510.20 4550.45 4399.30 NAN times
08 Thu Apr 2021 4494.95 4365.35 4588.85 4363.05 NAN times
07 Wed Apr 2021 4325.45 4306.70 4363.50 4296.10 NAN times
06 Tue Apr 2021 4286.95 4266.35 4305.50 4231.45 NAN times
05 Mon Apr 2021 4226.40 4206.10 4241.85 4101.15 NAN times
01 Thu Apr 2021 4189.15 4010.50 4204.40 4008.75 NAN times
31 Wed Mar 2021 3977.20 3954.80 4025.40 3931.75 NAN times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4316.2, but if it comes below 4316.2, then a intra day sell could be more profitable.
If you take a sell trade below 4316.2, then use 4316.2 as stoploss and 4052.46 as target. However if you take a buy trade in stock , then use 4316.2 as stoploss and 4632.8 as target.

Share price targets for Nifty Metal (NIFTY_METAL)

Target Type Value
Downside Target 2935.70
Downside Target 3062.70
Downside Target 3289.30
Downside Target 3586.90
Downside Target 3894.90
Downside Target 4075.40
Downside Target 4101.15
Downside Target 4166.45
Downside Target 4204.40
Upside Target 4463.75
Upside Target 4588.85

Intraday share price targets for Nifty Metal (NIFTY_METAL)

Target Type Value
Downside Intraday Target 4221.35
Downside Intraday Target 4045.25
Upside Intraday Target 4518.65
Upside Intraday Target 4639.85
Downside Intraday Target 4342.55

Weekly technical analysis of Nifty Metal (NIFTY_METAL)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 4397.45 4372.65 4463.75 4166.45 0 times
09 Fri Apr 2021 4467.30 4206.10 4588.85 4101.15 0 times
01 Thu Apr 2021 4189.15 3914.25 4204.40 3907.75 0 times
26 Fri Mar 2021 3855.30 3835.00 3894.90 3614.40 0 times
19 Fri Mar 2021 3832.50 3845.50 3903.55 3631.15 0 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 Nifty Metal (NIFTY_METAL)

Date Monthly Closing Price Open High Low Volume
15 Thu Apr 2021 4397.45 4010.50 4588.85 4008.75 0 times
31 Wed Mar 2021 3977.20 3877.25 4075.40 3614.40 0 times
25 Thu Feb 2021 3928.60 3096.25 3945.80 3071.95 0 times
29 Fri Jan 2021 3077.45 3255.35 3586.90 3062.70 0 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 Nifty Metal (NIFTY_METAL)

Indicator Name Indicator Value Indicator Signal
ADX 37, 20, 30 Buy
MACD 330, 301Buy
Stochastics 62None
CCI 66Buy
RSI 50Buy
OBV 0Sell
VWAP NANSell
ADL 0Sell
ROC 11Buy
Force Index 0Sell

Price action analysis of Nifty Metal ( (NIFTY_METAL) ) 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 Nifty Metal ( (NIFTY_METAL) ) 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 Nifty Metal ( (NIFTY_METAL) ) 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 Nifty Metal ( (NIFTY_METAL) ) based on a mid to longer 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.

ADX buy sell signal for Nifty Metal stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nifty Metal 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.

Nifty Metal 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. 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 moving up

CCI has generated a buy signal for Nifty Metal in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Nifty Metal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is NAN and Nifty Metal (NIFTY_METAL) 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 Nifty Metal (NIFTY_METAL) stock. Volume based technical analysis of Nifty Metal (NIFTY_METAL) stock is negative.

Nifty Metal Stock is giving positive 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.

Click here for Nifty Metal charts

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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