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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 2024-05-08 View latest technical analysis

10 day averaged volume of Nilkamal is 9575

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	1891.00	1901.00	1919.25	1878.10	0.618 times
07 Tue May 2024	1911.75	1915.05	1931.95	1890.00	0.793 times
06 Mon May 2024	1900.80	1936.85	1955.00	1890.05	1.524 times
03 Fri May 2024	1922.40	1932.70	1960.00	1904.05	0.832 times
02 Thu May 2024	1923.10	1964.35	1990.15	1908.00	1.202 times
30 Tue Apr 2024	1954.55	1940.50	1980.00	1940.45	0.74 times
29 Mon Apr 2024	1930.80	1925.00	1960.45	1920.00	0.912 times
26 Fri Apr 2024	1915.40	1931.40	1937.95	1900.05	0.505 times
25 Thu Apr 2024	1921.80	1915.00	1955.00	1903.75	1.432 times
24 Wed Apr 2024	1905.60	1884.00	1917.90	1884.00	0.461 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 1876.9 as stoploss in an intra day buy trade for a target of 1916.49. However, stock will show a bearish move below 1876.9.

Share price targets for Nilkamal (NILKAMAL)

Target Type	Value
Downside Target	1690.00
Downside Target	1800.05
Downside Target	1845.00
Upside Target	1990.15
Upside Target	2038.75
Upside Target	2080.00
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	1861.07
Downside Intraday Target	1831.13
Upside Intraday Target	1937.97
Upside Intraday Target	1984.93
Upside Intraday Target	1908.03

Weekly technical analysis of Nilkamal (NILKAMAL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	1891.00	1936.85	1955.00	1878.10	0.796 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
19 Fri Apr 2024	1846.95	1934.95	1978.45	1800.05	0.387 times
12 Fri Apr 2024	2003.05	2012.00	2080.00	1911.05	0.379 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
08 Wed May 2024	1891.00	1964.35	1990.15	1878.10	0.068 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

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 Nilkamal (NILKAMAL)

Price action analysis of Nilkamal ( (NILKAMAL) ) 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL signal for Nilkamal in short term but the sell signal is initial and weak.

Nilkamal 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 Nilkamal in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 1917.9 and Nilkamal (NILKAMAL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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

Nilkamal Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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