Login or Join
 Learn then Earn

(NIRAJ) Niraj Cement complete technical analysis [charts+indicators] | Buy/Sell Niraj Cement | (NIRAJ) share price targets

Complete technical analysis of Niraj Cement (NIRAJ) by charts plus indicators, forecast predictions and share price targets for Niraj Cement (NIRAJ)

10 day averaged volume of Niraj Cement is 24533

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 43.15 42.00 43.70 42.00 0.609 times
16 Thu May 2024 42.30 42.30 43.20 42.00 0.889 times
15 Wed May 2024 42.80 44.00 44.00 42.20 0.357 times
14 Tue May 2024 42.45 41.50 43.15 41.10 2.622 times
13 Mon May 2024 41.10 41.95 41.95 40.10 0.514 times

My analysis of stock is bearish for shortterm, and stock might move down till 39.5 or till 33.7. Use a stoploss of 44.33 and if the stock hits stoploss, then it can shoot up till 49.17

Share price targets for Niraj Cement (NIRAJ)

Target Type Value
Downside Target 39.50
Downside Target 41.00
Downside Target 42.25
Upside Target 45.70
Upside Target 48.70
Upside Target 55.70
Upside Target 61.50
Upside Target 65.00

Intraday share price targets for Niraj Cement (NIRAJ)

Target Type Value
Downside Intraday Target 40.83
Downside Intraday Target 38.52
Upside Intraday Target 44.73
Upside Intraday Target 46.32
Downside Intraday Target 42.42

Weekly technical analysis of Niraj Cement (NIRAJ)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 43.15 41.95 44.00 40.10 0.996 times
10 Fri May 2024 40.65 44.75 44.75 39.50 1.026 times
03 Fri May 2024 42.85 44.00 45.20 42.25 0.768 times
26 Fri Apr 2024 43.55 43.00 45.70 42.70 0.178 times
07 Wed Feb 2024 57.75 61.75 65.00 55.70 0.267 times

Price has moved up 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 Niraj Cement (NIRAJ)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 43.15 43.80 45.20 39.50 1.762 times
30 Tue Apr 2024 44.35 43.00 45.70 42.70 0.106 times
07 Wed Feb 2024 57.75 60.05 65.00 55.70 0.185 times
31 Wed Jan 2024 60.10 44.40 61.50 43.30 2.507 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Niraj Cement (NIRAJ)

Indicator Name Indicator Value Indicator Signal
ADX 17, 23, 13 Sell
MACD -3, -3Buy
Stochastics 60None
CCI 67Buy
RSI 45Sell
OBV -626852Sell
VWAP 42Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Niraj Cement ( (NIRAJ) ) 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 Niraj Cement ( (NIRAJ) ) 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 Niraj Cement ( (NIRAJ) ) 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 Niraj Cement ( (NIRAJ) ) 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 Niraj Cement stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Niraj Cement 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Niraj Cement in short term and BUY 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 Niraj Cement is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.85 and Niraj Cement (NIRAJ) 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 Niraj Cement (NIRAJ) stock. Volume based technical analysis of Niraj Cement (NIRAJ) stock is negative.

Niraj Cement 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.

Click here for Niraj Cement charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme