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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)

10 day averaged volume of Niraj Cement is 42689

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	41.85	43.85	43.85	41.30	1.024 times
19 Fri Apr 2024	43.45	44.00	44.00	42.45	0.228 times
18 Thu Apr 2024	43.40	44.30	44.95	42.50	0.681 times
16 Tue Apr 2024	44.40	43.50	45.00	43.50	0.28 times
15 Mon Apr 2024	43.15	43.00	44.95	42.70	1.58 times
12 Fri Apr 2024	44.95	44.75	46.00	43.00	0.53 times
10 Wed Apr 2024	44.75	46.95	48.45	44.60	0.943 times
09 Tue Apr 2024	46.95	51.50	51.70	46.80	2.581 times
08 Mon Apr 2024	49.25	48.05	49.25	48.00	1.315 times
05 Fri Apr 2024	46.95	46.95	46.95	46.00	0.99 times

My analysis of stock is bearish for shortterm, and stock might move down till 38.8 or till 34.6. Use a stoploss of 42.24 and if the stock hits stoploss, then it can shoot up till 45.71

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	41.30
Upside Target	42.20
Upside Target	43.85
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	40.82
Downside Intraday Target	39.78
Upside Intraday Target	43.37
Upside Intraday Target	44.88
Upside Intraday Target	42.33

Weekly technical analysis of Niraj Cement (NIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	41.85	43.85	43.85	41.30	0.37 times
19 Fri Apr 2024	43.45	43.00	45.00	42.45	0.516 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

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
22 Mon Apr 2024	41.85	36.95	51.70	36.95	0.868 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 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_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 SELL. Signal strength is Weak 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 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 45.45 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 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.