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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 2024-08-13 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 8064

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	278.15	293.40	293.40	277.00	1.999 times
12 Mon Aug 2024	289.75	283.00	294.70	276.00	2.518 times
09 Fri Aug 2024	282.15	282.15	282.15	282.15	1.001 times
08 Thu Aug 2024	276.65	270.00	276.65	265.85	2.112 times
07 Wed Aug 2024	271.25	271.25	271.25	271.25	0.337 times
06 Tue Aug 2024	276.75	276.75	276.75	276.75	0.194 times
05 Mon Aug 2024	282.40	282.40	282.40	282.40	0.379 times
02 Fri Aug 2024	288.15	293.50	293.50	288.15	0.29 times
01 Thu Aug 2024	294.00	299.50	299.50	294.00	0.184 times
31 Wed Jul 2024	294.75	297.50	297.70	294.75	1.369 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 276.5 as stoploss in an intra day buy trade for a target of 283.94. However, stock will show a bearish move below 276.5.

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
Downside Target	276.00
Upside Target	286.20
Upside Target	294.70
Upside Target	299.50
Upside Target	303.00

Intraday share price targets for Nitiraj Engineers (NITIRAJ_BE)

Target Type	Value
Downside Intraday Target	271.2
Downside Intraday Target	264.25
Upside Intraday Target	289.9
Upside Intraday Target	301.65
Upside Intraday Target	282.95

Weekly technical analysis of Nitiraj Engineers (NITIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	278.15	283.00	294.70	276.00	1.123 times
09 Fri Aug 2024	282.15	282.40	282.40	265.85	1.028 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

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
13 Tue Aug 2024	278.15	299.50	299.50	265.85	0.245 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 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_BE) ) based on a short to mid 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.

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 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.

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 stronger in this stock.

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 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

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 283.7 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 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.