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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 2024-10-31 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 13761

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	245.40	242.00	250.90	232.05	1.577 times
30 Wed Oct 2024	242.55	241.25	247.85	228.25	0.636 times
29 Tue Oct 2024	241.25	228.50	253.45	228.50	1.759 times
28 Mon Oct 2024	231.65	223.60	245.60	223.60	2.931 times
25 Fri Oct 2024	223.30	244.95	250.45	221.00	0.981 times
24 Thu Oct 2024	237.55	247.05	247.05	235.05	0.48 times
23 Wed Oct 2024	244.90	244.70	247.40	240.85	0.421 times
22 Tue Oct 2024	242.85	252.50	258.40	242.00	0.4 times
21 Mon Oct 2024	252.10	253.95	275.00	241.80	0.878 times
18 Fri Oct 2024	250.00	250.70	269.00	246.60	1.04 times

My analysis of stock is bearish for shortterm, and stock might move down till 237.1 or till 226.4. Use a stoploss of 246.02 and if the stock hits stoploss, then it can shoot up till 254.93

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	221.00
Downside Target	238.05
Upside Target	253.45
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	228.18
Downside Intraday Target	210.97
Upside Intraday Target	258.03
Upside Intraday Target	270.67
Downside Intraday Target	240.82

Weekly technical analysis of Nitiraj Engineers (NITIRAJ)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	245.40	223.60	253.45	223.60	2.184 times
25 Fri Oct 2024	223.30	253.95	275.00	221.00	0.943 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nitiraj Engineers (NITIRAJ)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	245.40	252.00	275.00	221.00	0.969 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Nitiraj Engineers ( (NITIRAJ) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

ADX buy sell signal for Nitiraj Engineers stock for short term is BUY. Signal strength is Weak and stock is gaining 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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Nitiraj Engineers 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 negative zone. This is the SELL 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 239.51 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 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.