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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)

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Niraj Cement is 36852

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	38.45	38.50	38.95	37.10	0.502 times
20 Wed Mar 2024	37.75	38.00	38.75	37.15	0.463 times
19 Tue Mar 2024	38.00	38.00	39.20	36.20	0.783 times
18 Mon Mar 2024	37.70	37.60	40.15	37.50	0.723 times
15 Fri Mar 2024	39.25	40.35	41.50	37.85	0.948 times
14 Thu Mar 2024	39.85	37.50	40.00	36.25	0.877 times
13 Wed Mar 2024	38.15	39.50	40.70	37.50	2.684 times
12 Tue Mar 2024	39.45	40.00	42.50	39.45	1.185 times
11 Mon Mar 2024	41.50	43.45	44.85	41.25	0.918 times
07 Thu Mar 2024	43.40	45.80	45.80	42.05	0.909 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39, but if it comes above 39, then a intra day buy could be more profitable.
If you take a sell trade below 39, then use 39 as stoploss and 34.1 as target. However if you take a buy trade in stock , then use 39 as stoploss and 43.07 as target.

Share price targets for Niraj Cement (NIRAJ_BE)

Target Type	Value
Downside Target	33.25
Downside Target	34.05
Downside Target	35.55
Upside Target	40.05
Upside Target	42.05
Upside Target	43.70
Upside Target	44.85
Upside Target	48.00
Upside Target	48.50
Upside Target	48.70
Upside Target	51.45
Upside Target	54.70
Upside Target	59.00

Intraday share price targets for Niraj Cement (NIRAJ_BE)

Target Type	Value
Downside Intraday Target	36.38
Downside Intraday Target	34.32
Upside Intraday Target	40.33
Upside Intraday Target	42.22
Downside Intraday Target	38.27

Weekly technical analysis of Niraj Cement (NIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	38.45	37.60	40.15	36.20	0.374 times
15 Fri Mar 2024	39.25	43.45	44.85	36.25	3.083 times
07 Thu Mar 2024	43.40	48.00	48.00	42.05	0.405 times
02 Sat Mar 2024	47.20	49.25	51.45	43.70	0.857 times
23 Fri Feb 2024	49.25	52.60	54.70	48.50	0.937 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	38.45	47.75	48.70	36.20	0.602 times
29 Thu Feb 2024	46.80	57.95	59.00	43.70	1.361 times
17 Fri Nov 2023	42.20	38.10	42.20	35.55	0.571 times
31 Tue Oct 2023	36.85	37.20	40.05	34.05	0.859 times

Scroll below to view daily charts

Price has moved down 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 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_BE) ) based on a short to mid 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_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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Niraj Cement in short term and the sell signal is strong.

Niraj Cement Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Niraj Cement in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 39.3 and Niraj Cement (NIRAJ_BE) 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_BE) stock. Volume based technical analysis of Niraj Cement (NIRAJ_BE) 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.