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

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

Showing technical analysis as on 2024-04-18 View latest technical analysis

10 day averaged volume of Niraj Cement is 41688

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	43.40	44.30	44.95	42.50	0.697 times
16 Tue Apr 2024	44.40	43.50	45.00	43.50	0.287 times
15 Mon Apr 2024	43.15	43.00	44.95	42.70	1.618 times
12 Fri Apr 2024	44.95	44.75	46.00	43.00	0.542 times
10 Wed Apr 2024	44.75	46.95	48.45	44.60	0.966 times
09 Tue Apr 2024	46.95	51.50	51.70	46.80	2.643 times
08 Mon Apr 2024	49.25	48.05	49.25	48.00	1.346 times
05 Fri Apr 2024	46.95	46.95	46.95	46.00	1.013 times
04 Thu Apr 2024	44.75	44.75	44.75	43.60	0.895 times
03 Wed Apr 2024	42.65	41.50	42.65	41.45	0.402 times

My analysis of stock is bullish for shortterm, and stock might move up till 45.5 or till 49.9. Use a stoploss of 41.76 and if this stock hits its stoploss, then it can fall down till 38.06

Share price targets for Niraj Cement (NIRAJ_BE)

Target Type	Value
Downside Target	34.05
Downside Target	35.55
Downside Target	39.80
Downside Target	42.20
Downside Target	43.00
Upside Target	43.70
Upside Target	45.00
Upside Target	46.95
Upside Target	48.70
Upside Target	51.70
Upside Target	59.00

Intraday share price targets for Niraj Cement (NIRAJ_BE)

Target Type	Value
Downside Intraday Target	42.27
Downside Intraday Target	41.13
Upside Intraday Target	44.77
Upside Intraday Target	46.13
Upside Intraday Target	43.63

Weekly technical analysis of Niraj Cement (NIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	43.40	43.00	45.00	42.50	0.473 times
12 Fri Apr 2024	44.95	48.05	51.70	43.00	1.866 times
05 Fri Apr 2024	46.95	36.95	46.95	36.95	1.134 times
28 Thu Mar 2024	36.95	38.30	39.80	36.55	0.892 times
22 Fri Mar 2024	39.30	37.60	40.15	36.20	0.499 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	43.40	36.95	51.70	36.95	0.777 times
28 Thu Mar 2024	36.95	47.75	48.70	36.20	0.786 times
29 Thu Feb 2024	46.80	57.95	59.00	43.70	1.361 times
17 Fri Nov 2023	42.20	38.10	42.20	35.55	0.571 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 Niraj Cement (NIRAJ_BE)

Price action analysis of Niraj Cement ( (NIRAJ_BE) ) 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_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Niraj Cement 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 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 45.69 and Niraj Cement (NIRAJ_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Niraj Cement (NIRAJ_BE) stock. Volume based technical analysis of Niraj Cement (NIRAJ_BE) 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.