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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 2024-01-22 View latest technical analysis

10 day averaged volume of Niraj Cement is 414355

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	49.40	49.20	49.75	47.50	0.517 times
19 Fri Jan 2024	46.90	46.95	47.70	46.50	0.164 times
18 Thu Jan 2024	46.25	47.65	47.65	45.70	0.16 times
17 Wed Jan 2024	47.05	46.55	48.00	45.15	0.246 times
16 Tue Jan 2024	46.80	47.50	48.75	46.05	0.614 times
15 Mon Jan 2024	48.00	48.65	49.35	46.10	0.859 times
12 Fri Jan 2024	48.65	51.10	51.95	48.20	0.925 times
11 Thu Jan 2024	50.90	47.55	52.40	47.25	5.959 times
10 Wed Jan 2024	45.15	44.70	46.60	44.65	0.371 times
09 Tue Jan 2024	44.65	44.25	46.05	44.10	0.348 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 47.9, but if it comes below 47.9, then a intra day sell could be more profitable.
If you take a sell trade below 47.9, then use 47.9 as stoploss and 45.94 as target. However if you take a buy trade in stock , then use 47.9 as stoploss and 50.3 as target.

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	42.65
Downside Target	45.15
Downside Target	46.45
Downside Target	48.00
Downside Target	48.70
Downside Target	49.35
Upside Target	49.75
Upside Target	52.40

Intraday share price targets for Niraj Cement (NIRAJ)

Target Type	Value
Downside Intraday Target	48.02
Downside Intraday Target	46.63
Upside Intraday Target	50.27
Upside Intraday Target	51.13
Downside Intraday Target	48.88

Weekly technical analysis of Niraj Cement (NIRAJ)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	49.40	49.20	49.75	47.50	0.253 times
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

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
22 Mon Jan 2024	49.40	44.40	52.40	43.30	1.339 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Niraj Cement 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.

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 above 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 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 49.47 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.