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(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 608164

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	44.90	44.20	45.70	44.15	0.087 times
23 Tue Apr 2024	43.90	43.00	43.90	43.00	0.032 times
07 Wed Feb 2024	57.75	59.00	60.80	56.10	0.461 times
06 Tue Feb 2024	58.85	61.90	61.90	57.00	0.427 times
05 Mon Feb 2024	61.20	61.75	65.00	55.70	0.55 times
02 Fri Feb 2024	61.20	62.65	64.30	60.50	0.481 times
01 Thu Feb 2024	61.80	60.05	64.20	60.05	1.008 times
31 Wed Jan 2024	60.10	56.60	61.50	56.15	1.369 times
30 Tue Jan 2024	56.15	57.70	59.15	55.35	0.68 times
29 Mon Jan 2024	56.95	55.95	58.00	54.05	1.856 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46.1, but if it comes above 46.1, then a intra day buy could be more profitable.
If you take a sell trade below 46.1, then use 46.1 as stoploss and 38.7 as target. However if you take a buy trade in stock , then use 46.1 as stoploss and 52.23 as target.

Share price targets for Niraj Cement (NIRAJ)

Target Type	Value
Downside Target	40.70
Downside Target	43.00
Upside Target	45.15
Upside Target	48.00
Upside Target	54.05
Upside Target	55.70
Upside Target	61.50
Upside Target	64.30
Upside Target	65.00

Intraday share price targets for Niraj Cement (NIRAJ)

Target Type	Value
Downside Intraday Target	43.37
Downside Intraday Target	41.83
Upside Intraday Target	46.07
Upside Intraday Target	47.23
Downside Intraday Target	44.53

Weekly technical analysis of Niraj Cement (NIRAJ)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	44.90	43.00	45.70	43.00	0.083 times
07 Wed Feb 2024	57.75	61.75	65.00	55.70	0.267 times
02 Fri Feb 2024	61.20	55.95	64.30	54.05	1.414 times
25 Thu Jan 2024	54.05	49.20	55.70	46.50	2.742 times
19 Fri Jan 2024	46.90	48.65	49.35	45.15	0.257 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 Niraj Cement (NIRAJ)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	44.90	43.00	45.70	43.00	0.041 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
29 Fri Dec 2023	43.70	45.20	48.70	41.00	1.854 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 Niraj Cement (NIRAJ)

Price action analysis of Niraj Cement ( (NIRAJ) ) 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 Niraj Cement ( (NIRAJ) ) based on a short to mid 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 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 Strong and stock is losing momentum.

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

Niraj Cement 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 moving up

CCI has generated a buy signal for Niraj Cement in short term but BUY signal is weak.

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Niraj Cement is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.78 and Niraj Cement (NIRAJ) 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 Niraj Cement (NIRAJ) stock. Volume based technical analysis of Niraj Cement (NIRAJ) stock is negative.

Niraj Cement Stock has given negative 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.