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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 2024-11-04 View latest technical analysis

10 day averaged volume of Niraj Cement is 26861

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	58.49	59.95	59.95	57.55	0.57 times
01 Fri Nov 2024	59.48	59.97	59.97	58.30	0.091 times
31 Thu Oct 2024	58.29	58.25	60.36	58.00	0.569 times
30 Wed Oct 2024	59.87	57.60	60.00	57.60	0.992 times
29 Tue Oct 2024	59.50	60.19	60.19	57.93	0.32 times
28 Mon Oct 2024	59.32	59.20	62.90	59.00	1.117 times
25 Fri Oct 2024	61.79	61.00	63.00	58.60	1.072 times
24 Thu Oct 2024	61.40	64.39	64.39	60.51	0.835 times
23 Wed Oct 2024	61.49	59.01	63.99	59.01	2.26 times
22 Tue Oct 2024	61.71	64.99	65.49	61.25	1.024 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.8, but if it comes above 59.8, then a intra day buy could be more profitable.
If you take a sell trade below 59.8, then use 59.8 as stoploss and 57.6 as target. However if you take a buy trade in stock , then use 59.8 as stoploss and 61.55 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	57.55
Upside Target	59.95
Upside Target	62.29
Upside Target	62.90
Upside Target	65.49
Upside Target	65.69
Upside Target	65.90
Upside Target	66.00
Upside Target	72.51

Intraday share price targets for Niraj Cement (NIRAJ_BE)

Target Type	Value
Downside Intraday Target	57.38
Downside Intraday Target	56.26
Upside Intraday Target	59.78
Upside Intraday Target	61.06
Upside Intraday Target	58.66

Weekly technical analysis of Niraj Cement (NIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	58.49	59.95	59.95	57.55	0.184 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
18 Fri Oct 2024	63.04	64.11	65.90	57.90	1.181 times
11 Fri Oct 2024	64.11	65.69	65.69	58.34	0.958 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
04 Mon Nov 2024	58.49	59.97	59.97	57.55	0.025 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 gaining momentum.

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

Niraj Cement Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 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 60.6 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.