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(NITIRAJ) Nitiraj Engineers complete technical analysis [charts+indicators] | Buy/Sell Nitiraj Engineers | (NITIRAJ) share price targets

Complete technical analysis of Nitiraj Engineers (NITIRAJ) by charts plus indicators, forecast predictions and share price targets for Nitiraj Engineers (NITIRAJ)

10 day averaged volume of Nitiraj Engineers is 4378

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	178.40	185.00	185.00	178.00	0.783 times
25 Thu Apr 2024	182.10	181.55	185.40	178.20	0.477 times
24 Wed Apr 2024	181.45	182.00	186.05	179.55	0.867 times
23 Tue Apr 2024	184.70	188.90	188.90	175.60	1.18 times
22 Mon Apr 2024	184.85	185.65	185.65	180.00	0.918 times
19 Fri Apr 2024	183.15	184.35	184.80	175.10	2.952 times
18 Thu Apr 2024	179.90	176.70	183.70	175.90	1.857 times
16 Tue Apr 2024	179.55	174.20	181.90	172.65	0.476 times
15 Mon Apr 2024	175.35	169.30	178.00	169.30	0.654 times
12 Fri Apr 2024	175.00	173.85	175.15	173.00	0.202 times

My analysis of stock is bearish for shortterm, and stock might move down till 174.9 or till 170.4. Use a stoploss of 178.6 and if the stock hits stoploss, then it can shoot up till 182.32

Share price targets for Nitiraj Engineers (NITIRAJ)

Target Type	Value
Downside Target	102.00
Downside Target	115.00
Downside Target	141.00
Downside Target	147.35
Downside Target	152.10
Downside Target	169.25
Upside Target	179.80
Upside Target	184.80
Upside Target	186.10
Upside Target	188.90
Upside Target	189.45
Upside Target	191.00
Upside Target	196.00

Intraday share price targets for Nitiraj Engineers (NITIRAJ)

Target Type	Value
Downside Intraday Target	173.03
Downside Intraday Target	167.67
Upside Intraday Target	186.33
Upside Intraday Target	194.27
Upside Intraday Target	180.97

Weekly technical analysis of Nitiraj Engineers (NITIRAJ)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	178.40	185.65	188.90	175.60	0.711 times
19 Fri Apr 2024	183.15	169.30	184.80	169.30	2.325 times
12 Fri Apr 2024	175.00	189.45	189.45	172.00	0.522 times
05 Fri Apr 2024	182.45	173.55	186.10	173.55	1.834 times
28 Thu Mar 2024	173.45	171.80	179.80	169.25	0.503 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 Nitiraj Engineers (NITIRAJ)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	178.40	173.55	189.45	169.30	0.68 times
28 Thu Mar 2024	173.45	168.70	191.00	152.10	0.288 times
29 Thu Feb 2024	168.70	154.70	196.00	154.70	28.481 times
31 Wed Jan 2024	147.35	146.00	147.35	141.00	0.225 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 Nitiraj Engineers (NITIRAJ)

Price action analysis of Nitiraj Engineers ( (NITIRAJ) ) 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 Nitiraj Engineers ( (NITIRAJ) ) based on a short 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 Nitiraj Engineers ( (NITIRAJ) ) 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 Nitiraj Engineers ( (NITIRAJ) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Nitiraj Engineers stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Nitiraj Engineers 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. Bulls are getting tired and bears are picking up momentum.

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 Nitiraj Engineers in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Nitiraj Engineers is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 181.53 and Nitiraj Engineers (NITIRAJ) 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 Nitiraj Engineers (NITIRAJ) stock. Volume based technical analysis of Nitiraj Engineers (NITIRAJ) stock is negative.

Nitiraj Engineers 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.