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

(NITIRAJ) Nitiraj Engineers complete technical analysis [charts+indicators] | Buy/Sell Nitiraj Engineers | (NITIRAJ) share price targets

Complete technical analysis of Nitiraj Engineers (NITIRAJ) by charts plus indicators, forecast predictions and share price targets for Nitiraj Engineers (NITIRAJ)

Showing technical analysis as on 2024-09-23 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 11010

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	241.15	234.52	241.41	231.10	1.647 times
20 Fri Sep 2024	229.92	237.00	242.27	225.07	0.598 times
19 Thu Sep 2024	236.63	249.00	249.00	231.01	0.856 times
18 Wed Sep 2024	242.15	238.68	244.29	233.09	2.101 times
17 Tue Sep 2024	232.66	239.99	241.00	230.41	0.689 times
16 Mon Sep 2024	238.82	241.90	242.00	232.02	0.654 times
13 Fri Sep 2024	234.82	231.00	235.27	226.51	0.721 times
12 Thu Sep 2024	224.07	216.50	225.05	216.48	0.517 times
11 Wed Sep 2024	214.34	223.43	227.49	213.01	0.496 times
10 Tue Sep 2024	222.48	232.41	232.41	219.00	0.786 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 240.2, but if it comes below 240.2, then a intra day sell could be more profitable.
If you take a sell trade below 240.2, then use 240.2 as stoploss and 232.47 as target. However if you take a buy trade in stock , then use 240.2 as stoploss and 249.6 as target.

Share price targets for Nitiraj Engineers (NITIRAJ)

Target Type	Value
Downside Target	152.10
Downside Target	169.30
Downside Target	189.60
Downside Target	200.30
Downside Target	213.01
Downside Target	225.07
Downside Target	231.10
Downside Target	236.90
Downside Target	239.90
Upside Target	241.41
Upside Target	249.00
Upside Target	259.70

Intraday share price targets for Nitiraj Engineers (NITIRAJ)

Target Type	Value
Downside Intraday Target	234.36
Downside Intraday Target	227.58
Upside Intraday Target	244.67
Upside Intraday Target	248.2
Downside Intraday Target	237.89

Weekly technical analysis of Nitiraj Engineers (NITIRAJ)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	241.15	234.52	241.41	231.10	0.336 times
20 Fri Sep 2024	229.92	241.90	249.00	225.07	0.96 times
13 Fri Sep 2024	234.82	236.90	236.90	213.01	0.712 times
06 Fri Sep 2024	231.02	236.55	239.90	216.00	0.397 times
30 Fri Aug 2024	236.55	206.75	259.70	200.30	1.825 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 Nitiraj Engineers (NITIRAJ)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	241.15	236.55	249.00	213.01	1.042 times
30 Fri Aug 2024	236.55	206.75	259.70	200.30	1.246 times
09 Thu May 2024	209.95	192.05	239.05	189.60	1.537 times
30 Tue Apr 2024	188.50	173.55	192.40	169.30	0.915 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 Nitiraj Engineers (NITIRAJ)

Price action analysis of Nitiraj Engineers ( (NITIRAJ) ) 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 Nitiraj Engineers ( (NITIRAJ) ) 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 Nitiraj Engineers ( (NITIRAJ) ) based on a short to mid 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 Nitiraj Engineers ( (NITIRAJ) ) based on a mid to longer 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.

ADX buy sell signal for Nitiraj Engineers stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nitiraj Engineers 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Nitiraj Engineers 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 Nitiraj Engineers is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 234.84 and Nitiraj Engineers (NITIRAJ) 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 Nitiraj Engineers (NITIRAJ) stock. Volume based technical analysis of Nitiraj Engineers (NITIRAJ) stock is negative.

Nitiraj Engineers Stock is giving positive 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.