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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 2024-10-16 View latest technical analysis

10 day averaged volume of Niraj Cement is 35401

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	62.51	65.00	65.00	60.80	0.667 times
15 Tue Oct 2024	63.42	60.60	64.90	60.60	1.157 times
14 Mon Oct 2024	62.94	64.11	65.90	62.00	1.587 times
11 Fri Oct 2024	64.11	64.00	65.50	63.20	0.658 times
10 Thu Oct 2024	63.62	65.50	65.50	62.00	0.754 times
09 Wed Oct 2024	63.01	60.30	64.49	60.30	1.067 times
08 Tue Oct 2024	62.57	59.02	64.00	58.34	0.878 times
07 Mon Oct 2024	61.42	65.69	65.69	61.42	0.807 times
04 Fri Oct 2024	64.66	63.00	66.00	61.10	1.262 times
03 Thu Oct 2024	62.95	62.00	63.99	62.00	1.014 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 62.4 as stoploss in an intra day buy trade for a target of 64.6. However, stock will show a bearish move below 62.4.

Share price targets for Niraj Cement (NIRAJ_BE)

Target Type	Value
Downside Target	36.20
Downside Target	36.95
Downside Target	41.30
Downside Target	43.70
Downside Target	48.70
Downside Target	51.70
Downside Target	58.34
Downside Target	60.60
Upside Target	64.01
Upside Target	65.69
Upside Target	66.00
Upside Target	69.40
Upside Target	72.51

Intraday share price targets for Niraj Cement (NIRAJ_BE)

Target Type	Value
Downside Intraday Target	60.11
Downside Intraday Target	57.7
Upside Intraday Target	65.41
Upside Intraday Target	68.3
Upside Intraday Target	63

Weekly technical analysis of Niraj Cement (NIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	62.51	64.11	65.90	60.60	0.819 times
11 Fri Oct 2024	64.11	65.69	65.69	58.34	0.958 times
04 Fri Oct 2024	64.66	65.57	66.00	61.10	0.619 times
27 Fri Sep 2024	65.57	67.47	69.40	64.01	0.503 times
20 Fri Sep 2024	67.47	43.85	72.51	41.30	4.183 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
16 Wed Oct 2024	62.51	63.98	66.00	58.34	0.508 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
28 Thu Mar 2024	36.95	47.75	48.70	36.20	0.786 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 Weak and stock is losing momentum.

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

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Niraj Cement in short term and SELL 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 63.17 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 positive

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