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

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

10 day averaged volume of Niraj Cement is 21461

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	62.94	65.45	65.45	61.72	1.692 times
19 Tue Nov 2024	63.30	63.30	63.30	61.51	3.051 times
18 Mon Nov 2024	60.29	57.99	60.29	57.99	1.521 times
14 Thu Nov 2024	57.42	52.01	57.42	52.01	1.187 times
13 Wed Nov 2024	54.69	57.10	57.74	54.45	0.675 times
12 Tue Nov 2024	57.20	57.00	57.50	56.05	0.401 times
11 Mon Nov 2024	58.50	56.90	59.30	56.90	0.596 times
08 Fri Nov 2024	58.03	58.11	59.45	56.90	0.53 times
07 Thu Nov 2024	58.11	59.30	60.00	57.50	0.76 times
06 Wed Nov 2024	59.30	58.05	60.00	58.05	0.683 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 61.5, but if it comes below 61.5, then a intra day sell could be more profitable.
If you take a sell trade below 61.5, then use 61.5 as stoploss and 59.45 as target. However if you take a buy trade in stock , then use 61.5 as stoploss and 63.9 as target.

Share price targets for Niraj Cement (NIRAJ_BE)

Target Type	Value
Downside Target	36.20
Downside Target	36.95
Downside Target	48.70
Downside Target	51.70
Downside Target	56.01
Downside Target	57.60
Downside Target	60.80
Downside Target	62.29
Downside Target	62.90
Upside Target	65.45
Upside Target	65.49
Upside Target	66.00
Upside Target	72.51

Intraday share price targets for Niraj Cement (NIRAJ_BE)

Target Type	Value
Downside Intraday Target	58.8
Downside Intraday Target	54.67
Upside Intraday Target	66.26
Upside Intraday Target	69.59
Downside Intraday Target	62.13

Weekly technical analysis of Niraj Cement (NIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	62.94	57.99	65.45	57.99	2.191 times
14 Thu Nov 2024	57.42	56.90	59.30	52.01	0.871 times
08 Fri Nov 2024	58.03	59.95	60.80	56.01	0.849 times
01 Fri Nov 2024	59.48	59.20	62.90	57.60	0.447 times
25 Fri Oct 2024	61.79	60.60	65.49	58.60	1.066 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Niraj Cement (NIRAJ_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	62.94	59.97	65.45	52.01	0.385 times
31 Thu Oct 2024	58.29	63.98	66.00	57.60	0.938 times
30 Mon Sep 2024	62.47	71.90	72.51	62.29	1.447 times
22 Mon Apr 2024	41.85	36.95	51.70	36.95	0.868 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_BE)

Price action analysis of Niraj Cement ( (NIRAJ_BE) ) 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_BE) ) based on a short to mid 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_BE) ) based on a mid to longer 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.

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 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 red color and prices are in or above the red cloud Prices appear to be coming down

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 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 60.35 and Niraj Cement (NIRAJ_BE) 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_BE) stock. Volume based technical analysis of Niraj Cement (NIRAJ_BE) 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.