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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)

10 day averaged volume of Nitiraj Engineers is 4115

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	120.05	119.00	121.00	118.00	0.633 times
29 Wed Nov 2023	118.10	122.00	122.00	118.00	1.49 times
28 Tue Nov 2023	117.90	120.05	124.80	117.65	0.765 times
24 Fri Nov 2023	120.05	120.70	120.70	120.05	0.746 times
23 Thu Nov 2023	118.70	114.55	118.70	114.55	0.548 times
22 Wed Nov 2023	116.80	116.80	116.85	116.80	0.543 times
21 Tue Nov 2023	114.60	112.50	114.60	112.50	0.432 times
20 Mon Nov 2023	112.40	110.50	112.40	110.50	0.509 times
17 Fri Nov 2023	110.50	110.00	110.50	110.00	1.7 times
16 Thu Nov 2023	110.00	109.80	112.00	109.80	1.283 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 118.9, but if it comes below 118.9, then a intra day sell could be more profitable.
If you take a sell trade below 118.9, then use 118.9 as stoploss and 115.72 as target. However if you take a buy trade in stock , then use 118.9 as stoploss and 122.6 as target.

Share price targets for Nitiraj Engineers (NITIRAJ_BE)

Target Type	Value
Downside Target	74.50
Downside Target	81.00
Downside Target	93.15
Downside Target	97.85
Downside Target	103.55
Downside Target	108.00
Downside Target	117.65
Downside Target	118.35
Upside Target	120.70
Upside Target	124.80
Upside Target	128.25
Upside Target	147.50

Intraday share price targets for Nitiraj Engineers (NITIRAJ_BE)

Target Type	Value
Downside Intraday Target	116.87
Downside Intraday Target	113.68
Upside Intraday Target	124.02
Upside Intraday Target	127.98
Upside Intraday Target	120.83

Weekly technical analysis of Nitiraj Engineers (NITIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	120.05	120.05	124.80	117.65	1.04 times
24 Fri Nov 2023	120.05	110.50	120.70	110.50	0.51 times
17 Fri Nov 2023	110.50	114.50	114.50	109.80	0.654 times
10 Fri Nov 2023	114.70	116.00	118.25	111.45	8.89 times
03 Fri Nov 2023	118.35	128.25	128.25	118.35	0.365 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
30 Thu Nov 2023	120.05	123.20	124.80	109.80	0.277 times
31 Tue Oct 2023	125.70	109.90	147.50	103.55	2.844 times
29 Fri Sep 2023	107.00	101.60	112.80	97.85	0.885 times
31 Thu Aug 2023	103.65	103.65	108.00	93.15	16.743 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Nitiraj Engineers in short term and the buy signal is strong.

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. Bulls are getting tired and bears 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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 115.14 and Nitiraj Engineers (NITIRAJ_BE) 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_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 negative.

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