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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)

Nilkamal trades in NSE in Plastic Products sector.

Showing technical analysis as on 2024-04-03 View latest technical analysis

10 day averaged volume of Nilkamal is 12408

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	1764.85	1767.65	1849.90	1732.00	1.905 times
02 Tue Apr 2024	1754.55	1737.90	1770.65	1737.90	2.282 times
01 Mon Apr 2024	1724.95	1705.80	1757.85	1705.80	1.117 times
28 Thu Mar 2024	1705.75	1719.65	1728.10	1690.00	0.86 times
27 Wed Mar 2024	1711.05	1738.00	1780.60	1710.00	1.588 times
26 Tue Mar 2024	1737.75	1755.00	1782.35	1725.00	0.787 times
22 Fri Mar 2024	1755.00	1775.00	1783.35	1753.00	0.725 times
21 Thu Mar 2024	1760.80	1775.55	1806.50	1756.65	0.564 times
20 Wed Mar 2024	1768.10	1824.00	1832.00	1750.50	0.713 times
19 Tue Mar 2024	1818.00	1850.00	1872.00	1805.00	0.772 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 1731 as stoploss in an intra day buy trade for a target of 1812.4. However, stock will show a bearish move below 1731.

Share price targets for Nilkamal (NILKAMAL)

Target Type	Value
Downside Target	1690.00
Upside Target	1849.90
Upside Target	1898.00
Upside Target	1949.95
Upside Target	1971.90
Upside Target	2038.75
Upside Target	2145.00
Upside Target	2195.05
Upside Target	2199.00
Upside Target	2263.05
Upside Target	2335.00

Intraday share price targets for Nilkamal (NILKAMAL)

Target Type	Value
Downside Intraday Target	1697.13
Downside Intraday Target	1629.42
Upside Intraday Target	1841.23
Upside Intraday Target	1917.62
Upside Intraday Target	1773.52

Weekly technical analysis of Nilkamal (NILKAMAL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	1764.85	1705.80	1849.90	1705.80	1.64 times
28 Thu Mar 2024	1705.75	1755.00	1782.35	1690.00	0.961 times
22 Fri Mar 2024	1755.00	1772.00	1898.00	1750.50	1.917 times
15 Fri Mar 2024	1770.45	1949.95	1949.95	1731.00	2.311 times
07 Thu Mar 2024	1918.25	1964.70	1971.90	1913.20	0.429 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nilkamal (NILKAMAL)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	1764.85	1705.80	1849.90	1705.80	0.565 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
31 Wed Jan 2024	2162.25	2246.40	2263.05	2145.00	1.71 times

Scroll below to view daily charts

Price has moved up 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)

Price action analysis of Nilkamal ( (NILKAMAL) ) based on a short 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 Nilkamal ( (NILKAMAL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. 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.

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

Nilkamal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Nilkamal 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

Stock of Nilkamal is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1747.91 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.