Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-19 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 8971

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	245.25	245.25	245.25	245.25	0.374 times
16 Fri Aug 2024	258.15	258.20	258.20	258.15	0.396 times
14 Wed Aug 2024	271.70	278.15	278.15	264.25	1.666 times
13 Tue Aug 2024	278.15	293.40	293.40	277.00	1.797 times
12 Mon Aug 2024	289.75	283.00	294.70	276.00	2.264 times
09 Fri Aug 2024	282.15	282.15	282.15	282.15	0.9 times
08 Thu Aug 2024	276.65	270.00	276.65	265.85	1.899 times
07 Wed Aug 2024	271.25	271.25	271.25	271.25	0.303 times
06 Tue Aug 2024	276.75	276.75	276.75	276.75	0.174 times
05 Mon Aug 2024	282.40	282.40	282.40	282.40	0.341 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 253.6, for a target of 267.4 or 278.89

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	245.25
Upside Target	255.82
Upside Target	265.85
Upside Target	280.60
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	245.25
Downside Intraday Target	245.25
Downside Intraday Target	245.25
Downside Intraday Target	245.25
Downside Intraday Target	245.25

Weekly technical analysis of Nitiraj Engineers (NITIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	245.25	245.25	245.25	245.25	0.061 times
16 Fri Aug 2024	258.15	283.00	294.70	258.15	1.693 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

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
19 Mon Aug 2024	245.25	299.50	299.50	245.25	0.318 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 277.67 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 negative.

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