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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 2024-04-03 View latest technical analysis

10 day averaged volume of Niraj Cement is 25651

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	42.65	41.50	42.65	41.45	0.653 times
02 Tue Apr 2024	40.65	40.00	40.65	39.25	0.468 times
01 Mon Apr 2024	38.75	36.95	38.75	36.95	0.568 times
28 Thu Mar 2024	36.95	38.25	38.30	36.55	1.965 times
27 Wed Mar 2024	37.55	38.95	39.80	37.20	1.175 times
26 Tue Mar 2024	38.95	38.30	39.30	37.75	1.086 times
22 Fri Mar 2024	39.30	38.50	40.00	38.50	1.189 times
21 Thu Mar 2024	38.45	38.50	38.95	37.10	0.721 times
20 Wed Mar 2024	37.75	38.00	38.75	37.15	0.665 times
19 Tue Mar 2024	38.00	38.00	39.20	36.20	1.125 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 42.9 as stoploss in an intra day sell trade for a target of 40.22. However, stock will show a bullish move above 42.9.

Share price targets for Niraj Cement (NIRAJ_BE)

Target Type	Value
Downside Target	34.05
Downside Target	35.55
Downside Target	39.80
Downside Target	42.05
Downside Target	42.20
Downside Target	42.65
Upside Target	43.70
Upside Target	44.85
Upside Target	48.00
Upside Target	48.70
Upside Target	59.00

Intraday share price targets for Niraj Cement (NIRAJ_BE)

Target Type	Value
Downside Intraday Target	38.85
Downside Intraday Target	35.05
Upside Intraday Target	44.55
Upside Intraday Target	46.45
Downside Intraday Target	40.75

Weekly technical analysis of Niraj Cement (NIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	42.65	36.95	42.65	36.95	0.4 times
28 Thu Mar 2024	36.95	38.30	39.80	36.55	0.892 times
22 Fri Mar 2024	39.30	37.60	40.15	36.20	0.499 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	42.65	36.95	42.65	36.95	0.073 times
28 Thu Mar 2024	36.95	47.75	48.70	36.20	0.786 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

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 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 short to mid 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_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 losing momentum.

MACD generated a BUY signal for Niraj Cement in short term but the buy signal is initial and weak.

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 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 38.5 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.