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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 2024-11-07 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 19612

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	236.80	260.10	264.00	231.01	7.157 times
06 Wed Nov 2024	249.64	234.05	253.90	234.05	2.759 times
05 Tue Nov 2024	236.82	256.99	256.99	232.05	0.564 times
04 Mon Nov 2024	239.13	245.00	246.62	238.00	0.396 times
01 Fri Nov 2024	249.80	255.00	255.00	248.00	0.413 times
31 Thu Oct 2024	245.40	242.00	250.90	232.05	1.106 times
30 Wed Oct 2024	242.55	241.25	247.85	228.25	0.446 times
29 Tue Oct 2024	241.25	228.50	253.45	228.50	1.234 times
28 Mon Oct 2024	231.65	223.60	245.60	223.60	2.056 times
25 Fri Oct 2024	223.30	244.95	250.45	221.00	0.688 times

Stock of Nitiraj Engineers (NITIRAJ) has showed a significant fall. This could be a good time to exit from this stock.

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 235.7 as stoploss in an intra day buy trade for a target of 244.84. However, stock will show a bearish move below 235.7.

Share price targets for Nitiraj Engineers (NITIRAJ)

Target Type	Value
Downside Target	189.60
Downside Target	200.30
Downside Target	213.01
Downside Target	221.00
Downside Target	231.01
Upside Target	238.05
Upside Target	255.00
Upside Target	264.00
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	223.87
Downside Intraday Target	210.95
Upside Intraday Target	256.86
Upside Intraday Target	276.93
Upside Intraday Target	243.94

Weekly technical analysis of Nitiraj Engineers (NITIRAJ)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	236.80	245.00	264.00	231.01	2.069 times
01 Fri Nov 2024	249.80	223.60	255.00	223.60	2.371 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

Price has moved down 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
07 Thu Nov 2024	236.80	255.00	264.00	231.01	0.916 times
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

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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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

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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Nitiraj Engineers in short term but SELL 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

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 239.14 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.