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(NILKAMAL) Nilkamal complete technical analysis [charts+indicators] | Buy/Sell Nilkamal | (NILKAMAL) share price targets

Complete technical analysis of Nilkamal (NILKAMAL) by charts plus indicators, forecast predictions and share price targets for Nilkamal (NILKAMAL)

10 day averaged volume of Nilkamal is 20106

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 1875.50 1901.00 1901.00 1865.00 0.416 times
21 Tue May 2024 1892.65 1882.00 1906.60 1855.55 0.245 times
20 Mon May 2024 1892.45 1910.05 1917.90 1883.00 0.044 times
17 Fri May 2024 1895.85 1900.00 1916.95 1880.75 0.259 times
16 Thu May 2024 1888.70 1880.70 1928.45 1874.15 0.781 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 1867.9 as stoploss in an intra day buy trade for a target of 1895.84. However, stock will show a bearish move below 1867.9.

Share price targets for Nilkamal (NILKAMAL)

Target Type Value
Downside Target 1690.00
Downside Target 1820.00
Upside Target 1904.05
Upside Target 1955.00
Upside Target 1990.15
Upside Target 2038.75
Upside Target 2115.25
Upside Target 2145.00
Upside Target 2199.00
Upside Target 2263.05

Intraday share price targets for Nilkamal (NILKAMAL)

Target Type Value
Downside Intraday Target 1848.07
Downside Intraday Target 1820.63
Upside Intraday Target 1910.42
Upside Intraday Target 1945.33
Upside Intraday Target 1882.98

Weekly technical analysis of Nilkamal (NILKAMAL)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 1875.50 1910.05 1917.90 1855.55 0.168 times
17 Fri May 2024 1895.85 1860.60 1928.45 1820.00 0.647 times
10 Fri May 2024 1860.60 1936.85 1955.00 1849.00 3.698 times
03 Fri May 2024 1922.40 1925.00 1990.15 1904.05 0.737 times
26 Fri Apr 2024 1915.40 1930.00 1955.00 1845.00 0.788 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 Nilkamal (NILKAMAL)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 1875.50 1964.35 1990.15 1820.00 0.358 times
30 Tue Apr 2024 1954.55 1705.80 2115.25 1705.80 5.961 times
28 Thu Mar 2024 1705.75 1959.45 2038.75 1690.00 1.089 times
29 Thu Feb 2024 1949.70 2173.10 2199.00 1945.00 0.657 times

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 Nilkamal (NILKAMAL)

Indicator Name Indicator Value Indicator Signal
ADX 15, 16, 2 Sell
MACD -11, -12Buy
Stochastics 61None
CCI 16Sell
RSI 50Sell
OBV -39496Sell
VWAP 1867Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Nilkamal ( (NILKAMAL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nilkamal ( (NILKAMAL) ) 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 Nilkamal ( (NILKAMAL) ) 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 Nilkamal ( (NILKAMAL) ) 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 Nilkamal stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Nilkamal in short term but the buy signal is initial and weak.

Nilkamal 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 coming down

CCI has generated a SELL signal for Nilkamal in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 Nilkamal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1866.91 and Nilkamal (NILKAMAL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Nilkamal (NILKAMAL) stock. Volume based technical analysis of Nilkamal (NILKAMAL) stock is negative.

Nilkamal 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.

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