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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 2024-06-07 View latest technical analysis

10 day averaged volume of Nilkamal is 7206

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1886.50	1871.40	1898.30	1856.05	0.999 times
06 Thu Jun 2024	1860.40	1820.00	1872.50	1808.10	1.011 times
05 Wed Jun 2024	1803.35	1761.00	1835.95	1760.00	1.197 times
04 Tue Jun 2024	1768.60	1820.00	1820.00	1735.00	1.232 times
03 Mon Jun 2024	1825.65	1830.00	1852.45	1818.05	0.712 times
31 Fri May 2024	1804.75	1825.00	1832.95	1794.00	0.769 times
30 Thu May 2024	1820.10	1844.65	1844.65	1812.60	1.189 times
29 Wed May 2024	1844.65	1825.00	1864.00	1821.10	1.273 times
28 Tue May 2024	1836.75	1845.35	1855.00	1824.00	1.194 times
27 Mon May 2024	1846.40	1840.00	1863.70	1833.00	0.696 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1884.8, but if it comes below 1884.8, then a intra day sell could be more profitable.
If you take a sell trade below 1884.8, then use 1884.8 as stoploss and 1851.11 as target. However if you take a buy trade in stock , then use 1884.8 as stoploss and 1925.1 as target.

Share price targets for Nilkamal (NILKAMAL)

Target Type	Value
Downside Target	1690.00
Downside Target	1794.00
Upside Target	1898.30
Upside Target	1906.60
Upside Target	1928.45
Upside Target	1945.00
Upside Target	1955.00
Upside Target	1990.15
Upside Target	2038.75
Upside Target	2115.25
Upside Target	2199.00

Intraday share price targets for Nilkamal (NILKAMAL)

Target Type	Value
Downside Intraday Target	1781.57
Downside Intraday Target	1676.63
Upside Intraday Target	1944.87
Upside Intraday Target	2003.23
Downside Intraday Target	1839.93

Weekly technical analysis of Nilkamal (NILKAMAL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1886.50	1830.00	1898.30	1735.00	1.006 times
31 Fri May 2024	1804.75	1840.00	1864.00	1794.00	1.315 times
24 Fri May 2024	1854.40	1882.00	1906.60	1851.25	0.329 times
18 Sat May 2024	1892.45	1860.60	1928.45	1820.00	0.654 times
10 Fri May 2024	1860.60	1936.85	1955.00	1849.00	3.698 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 Nilkamal (NILKAMAL)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1886.50	1830.00	1898.30	1735.00	0.124 times
31 Fri May 2024	1804.75	1964.35	1990.15	1794.00	0.432 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

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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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 HIGHS, which reflects strong buying momentum in short term! 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 Nilkamal in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 1828.39 and Nilkamal (NILKAMAL) 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 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 negative.

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