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

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

Showing technical analysis as on 2024-08-08 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 6202

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	276.65	270.00	276.65	265.85	2.747 times
07 Wed Aug 2024	271.25	271.25	271.25	271.25	0.438 times
06 Tue Aug 2024	276.75	276.75	276.75	276.75	0.252 times
05 Mon Aug 2024	282.40	282.40	282.40	282.40	0.493 times
02 Fri Aug 2024	288.15	293.50	293.50	288.15	0.377 times
01 Thu Aug 2024	294.00	299.50	299.50	294.00	0.239 times
31 Wed Jul 2024	294.75	297.50	297.70	294.75	1.78 times
30 Tue Jul 2024	291.90	291.90	291.90	291.90	2.1 times
29 Mon Jul 2024	286.20	286.20	286.20	286.20	0.589 times
26 Fri Jul 2024	280.60	280.60	280.60	280.60	2.05 times

Stock of Nitiraj Engineers (NITIRAJ_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 277.4, but if it comes above 277.4, then a intra day buy could be more profitable.
If you take a sell trade below 277.4, then use 277.4 as stoploss and 268.1 as target. However if you take a buy trade in stock , then use 277.4 as stoploss and 285.14 as target.

Share price targets for Nitiraj Engineers (NITIRAJ_BE)

Target Type	Value
Downside Target	114.00
Downside Target	140.35
Downside Target	194.00
Downside Target	223.00
Downside Target	234.00
Downside Target	255.82
Downside Target	265.85
Upside Target	280.60
Upside Target	286.20
Upside Target	295.80
Upside Target	299.50
Upside Target	303.00

Intraday share price targets for Nitiraj Engineers (NITIRAJ_BE)

Target Type	Value
Downside Intraday Target	267.53
Downside Intraday Target	258.42
Upside Intraday Target	284.08
Upside Intraday Target	291.52
Downside Intraday Target	274.97

Weekly technical analysis of Nitiraj Engineers (NITIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	276.65	282.40	282.40	265.85	0.773 times
02 Fri Aug 2024	288.15	286.20	299.50	286.20	0.602 times
26 Fri Jul 2024	280.60	280.50	280.60	268.95	1.969 times
19 Fri Jul 2024	286.20	295.00	303.00	286.20	0.16 times
12 Fri Jul 2024	290.00	284.15	295.80	283.85	6.966 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	276.65	299.50	299.50	265.85	0.095 times
31 Wed Jul 2024	294.75	257.45	303.00	257.45	1.363 times
28 Fri Jun 2024	252.45	227.45	255.82	223.00	1.465 times
31 Fri May 2024	223.00	199.45	234.00	194.00	1.024 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_BE)

Price action analysis of Nitiraj Engineers ( (NITIRAJ_BE) ) 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_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 Nitiraj Engineers ( (NITIRAJ_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 Nitiraj Engineers ( (NITIRAJ_BE) ) 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 SELL. 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 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 buy signal for Nitiraj Engineers in short term but BUY signal is weak.

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 284.51 and Nitiraj Engineers (NITIRAJ_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 Nitiraj Engineers (NITIRAJ_BE) stock. Volume based technical analysis of Nitiraj Engineers (NITIRAJ_BE) 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.