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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 2024-01-29 View latest technical analysis

10 day averaged volume of Niraj Cement is 354868

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	56.95	55.95	58.00	54.05	3.182 times
25 Thu Jan 2024	54.05	48.00	55.70	47.10	5.373 times
24 Wed Jan 2024	47.70	48.25	48.25	46.60	0.13 times
23 Tue Jan 2024	47.00	49.75	50.00	46.50	0.429 times
22 Mon Jan 2024	49.40	49.20	49.75	47.50	0.603 times
19 Fri Jan 2024	46.90	46.95	47.70	46.50	0.191 times
18 Thu Jan 2024	46.25	47.65	47.65	45.70	0.187 times
17 Wed Jan 2024	47.05	46.55	48.00	45.15	0.287 times
16 Tue Jan 2024	46.80	47.50	48.75	46.05	0.716 times
15 Mon Jan 2024	48.00	48.65	49.35	46.10	1.003 times

Stock of Niraj Cement (NIRAJ) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 54.6, for a target of 50.7 or 47.37

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	43.30
Downside Target	45.15
Downside Target	46.45
Downside Target	48.00
Downside Target	49.35
Downside Target	52.40
Downside Target	54.05
Downside Target	55.70
Upside Target	58.00

Intraday share price targets for Niraj Cement (NIRAJ)

Target Type	Value
Downside Intraday Target	54.67
Downside Intraday Target	52.38
Upside Intraday Target	58.62
Upside Intraday Target	60.28
Downside Intraday Target	56.33

Weekly technical analysis of Niraj Cement (NIRAJ)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	56.95	55.95	58.00	54.05	0.487 times
25 Thu Jan 2024	54.05	49.20	55.70	46.50	2.742 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

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 Mon Jan 2024	56.95	44.40	58.00	43.30	2.182 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, 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

Although the stock is in the BUY zone, but buying 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 52.93 and Niraj Cement (NIRAJ) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.