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(NIRAJ) Niraj Cement complete technical analysis [charts+indicators] | Buy/Sell Niraj Cement | (NIRAJ) share price targets

Complete technical analysis of Niraj Cement (NIRAJ) by charts plus indicators, forecast predictions and share price targets for Niraj Cement (NIRAJ)

Showing technical analysis as on 2023-12-29 View latest technical analysis

10 day averaged volume of Niraj Cement is 149111

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Dec 2023	43.70	44.85	44.85	43.55	0.303 times
28 Thu Dec 2023	44.00	44.45	45.85	43.00	0.79 times
27 Wed Dec 2023	44.45	45.80	46.65	43.65	1.647 times
26 Tue Dec 2023	44.90	43.65	45.40	42.65	1.099 times
22 Fri Dec 2023	43.00	43.10	45.05	42.60	0.354 times
21 Thu Dec 2023	43.70	42.80	45.25	42.10	0.57 times
20 Wed Dec 2023	42.80	45.40	45.80	42.00	1.278 times
19 Tue Dec 2023	45.45	46.15	46.50	45.00	1.192 times
18 Mon Dec 2023	45.50	46.95	46.95	45.25	0.737 times
15 Fri Dec 2023	45.00	46.25	46.55	44.40	0.674 times

My analysis of stock is bearish for shortterm, and stock might move down till 42.9 or till 41.4. Use a stoploss of 44.1 and if the stock hits stoploss, then it can shoot up till 45.34

Share price targets for Niraj Cement (NIRAJ)

Target Type	Value
Downside Target	29.25
Downside Target	31.45
Downside Target	33.20
Downside Target	34.50
Downside Target	40.70
Downside Target	41.95
Upside Target	45.95
Upside Target	46.65
Upside Target	46.95
Upside Target	48.00
Upside Target	48.70

Intraday share price targets for Niraj Cement (NIRAJ)

Target Type	Value
Downside Intraday Target	42.02
Downside Intraday Target	40.33
Upside Intraday Target	46.02
Upside Intraday Target	48.33
Upside Intraday Target	44.33

Weekly technical analysis of Niraj Cement (NIRAJ)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Dec 2023	43.70	43.65	46.65	42.65	0.929 times
22 Fri Dec 2023	43.00	46.95	46.95	42.00	0.331 times
15 Fri Dec 2023	45.00	42.70	48.70	41.00	4.416 times
08 Fri Dec 2023	42.70	45.30	45.95	42.30	0.316 times
01 Fri Dec 2023	44.90	42.75	48.00	41.95	1.206 times

Price has moved up 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 Niraj Cement (NIRAJ)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Fri Dec 2023	43.70	45.20	48.70	41.00	1.854 times
30 Thu Nov 2023	43.70	44.25	48.00	40.70	0.384 times
14 Mon Aug 2023	39.50	32.00	46.50	31.45	12.291 times
31 Mon Jul 2023	31.10	30.15	33.20	29.40	0.557 times

Scroll below to view daily charts

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

Indicators analysis of Niraj Cement (NIRAJ)

Price action analysis of Niraj Cement ( (NIRAJ) ) 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 Niraj Cement ( (NIRAJ) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Niraj Cement ( (NIRAJ) ) 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 Niraj Cement ( (NIRAJ) ) 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 Niraj Cement stock for short term is BUY. Signal strength is Weak and stock is losing 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 green color and prices are in or below the green 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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.36 and Niraj Cement (NIRAJ) 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) stock. Volume based technical analysis of Niraj Cement (NIRAJ) 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.