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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 2024-01-19 View latest technical analysis

10 day averaged volume of Niraj Cement is 415302

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	46.90	46.95	47.70	46.50	0.163 times
18 Thu Jan 2024	46.25	47.65	47.65	45.70	0.159 times
17 Wed Jan 2024	47.05	46.55	48.00	45.15	0.245 times
16 Tue Jan 2024	46.80	47.50	48.75	46.05	0.612 times
15 Mon Jan 2024	48.00	48.65	49.35	46.10	0.857 times
12 Fri Jan 2024	48.65	51.10	51.95	48.20	0.923 times
11 Thu Jan 2024	50.90	47.55	52.40	47.25	5.945 times
10 Wed Jan 2024	45.15	44.70	46.60	44.65	0.37 times
09 Tue Jan 2024	44.65	44.25	46.05	44.10	0.347 times
08 Mon Jan 2024	44.20	45.20	45.30	43.30	0.355 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 47.5 as stoploss in an intra day sell trade for a target of 45.62. However, stock will show a bullish move above 47.5.

Share price targets for Niraj Cement (NIRAJ)

Target Type	Value
Downside Target	29.40
Downside Target	31.45
Downside Target	33.20
Downside Target	40.70
Downside Target	42.00
Downside Target	45.15
Downside Target	46.45
Upside Target	46.95
Upside Target	48.00
Upside Target	48.70
Upside Target	49.35
Upside Target	52.40

Intraday share price targets for Niraj Cement (NIRAJ)

Target Type	Value
Downside Intraday Target	44.92
Downside Intraday Target	42.93
Upside Intraday Target	49.12
Upside Intraday Target	51.33
Upside Intraday Target	47.13

Weekly technical analysis of Niraj Cement (NIRAJ)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	46.90	48.65	49.35	45.15	0.257 times
12 Fri Jan 2024	48.65	45.20	52.40	43.30	4.213 times
05 Fri Jan 2024	44.60	44.40	46.45	43.60	1.367 times
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

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 Niraj Cement (NIRAJ)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	46.90	44.40	52.40	43.30	1.284 times
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

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 Niraj Cement (NIRAJ)

Price action analysis of Niraj Cement ( (NIRAJ) ) 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 Niraj Cement ( (NIRAJ) ) based on a short 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 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 gaining 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Niraj Cement 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.29 and Niraj Cement (NIRAJ) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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.