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(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 2024-10-23 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 8851

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	244.90	244.70	247.40	240.85	0.655 times
22 Tue Oct 2024	242.85	252.50	258.40	242.00	0.622 times
21 Mon Oct 2024	252.10	253.95	275.00	241.80	1.366 times
18 Fri Oct 2024	250.00	250.70	269.00	246.60	1.617 times
17 Thu Oct 2024	251.70	244.95	254.60	244.95	0.738 times
16 Wed Oct 2024	244.40	264.15	267.45	241.85	1.773 times
15 Tue Oct 2024	259.95	261.50	264.55	257.10	0.356 times
14 Mon Oct 2024	262.65	262.90	262.90	256.55	0.727 times
11 Fri Oct 2024	254.45	259.80	272.05	253.15	2.02 times
10 Thu Oct 2024	254.40	257.45	257.45	249.10	0.524 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 244.5 as stoploss in an intra day buy trade for a target of 250.26. However, stock will show a bearish move below 244.5.

Share price targets for Nitiraj Engineers (NITIRAJ)

Target Type	Value
Downside Target	169.30
Downside Target	189.60
Downside Target	200.30
Downside Target	213.01
Downside Target	231.10
Downside Target	238.05
Upside Target	255.60
Upside Target	259.30
Upside Target	259.70
Upside Target	269.00
Upside Target	272.05
Upside Target	275.00

Intraday share price targets for Nitiraj Engineers (NITIRAJ)

Target Type	Value
Downside Intraday Target	232.17
Downside Intraday Target	219.43
Upside Intraday Target	266.32
Upside Intraday Target	287.73
Upside Intraday Target	253.58

Weekly technical analysis of Nitiraj Engineers (NITIRAJ)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	244.90	253.95	275.00	240.85	0.507 times
18 Fri Oct 2024	250.00	262.90	269.00	241.85	1.12 times
11 Fri Oct 2024	254.45	255.00	272.05	238.05	1.825 times
04 Fri Oct 2024	250.35	241.40	259.30	241.40	0.421 times
27 Fri Sep 2024	253.03	234.52	255.60	231.10	0.995 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 Nitiraj Engineers (NITIRAJ)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	244.90	252.00	275.00	238.05	0.508 times
30 Mon Sep 2024	254.74	236.55	258.31	213.01	1.255 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

Scroll below to view daily charts

Price has moved down 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 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 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 Nitiraj Engineers ( (NITIRAJ) ) based on a short to mid 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 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 Strong and stock is losing momentum.

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

Nitiraj Engineers 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 moving up

CCI has generated a SELL signal for Nitiraj Engineers in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Nitiraj Engineers is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 251 and Nitiraj Engineers (NITIRAJ) 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 Nitiraj Engineers (NITIRAJ) stock. Volume based technical analysis of Nitiraj Engineers (NITIRAJ) stock is negative.

Nitiraj Engineers 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.