Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-05 View latest technical analysis

10 day averaged volume of Niraj Cement is 23774

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	59.59	56.01	60.80	56.01	0.538 times
04 Mon Nov 2024	58.49	59.95	59.95	57.55	0.644 times
01 Fri Nov 2024	59.48	59.97	59.97	58.30	0.102 times
31 Thu Oct 2024	58.29	58.25	60.36	58.00	0.643 times
30 Wed Oct 2024	59.87	57.60	60.00	57.60	1.121 times
29 Tue Oct 2024	59.50	60.19	60.19	57.93	0.361 times
28 Mon Oct 2024	59.32	59.20	62.90	59.00	1.262 times
25 Fri Oct 2024	61.79	61.00	63.00	58.60	1.211 times
24 Thu Oct 2024	61.40	64.39	64.39	60.51	0.944 times
23 Wed Oct 2024	61.49	59.01	63.99	59.01	2.554 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.6, but if it comes above 59.6, then a intra day buy could be more profitable.
If you take a sell trade below 59.6, then use 59.6 as stoploss and 57.4 as target. However if you take a buy trade in stock , then use 59.6 as stoploss and 61.4 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
Upside Target	60.80
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	56.8
Downside Intraday Target	54.01
Upside Intraday Target	61.59
Upside Intraday Target	63.59
Downside Intraday Target	58.8

Weekly technical analysis of Niraj Cement (NIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	59.59	59.95	60.80	56.01	0.339 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 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
05 Tue Nov 2024	59.59	59.97	60.80	56.01	0.044 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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 60.4 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.