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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)

Showing technical analysis as on 2024-03-05 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 9530

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	187.15	183.00	187.15	181.85	1.01 times
04 Mon Mar 2024	178.25	173.05	178.25	169.00	0.773 times
02 Sat Mar 2024	169.80	172.70	175.00	165.00	0.138 times
01 Fri Mar 2024	167.95	168.70	172.75	164.40	0.56 times
29 Thu Feb 2024	168.70	175.35	175.35	167.05	0.362 times
28 Wed Feb 2024	175.30	182.50	185.50	173.50	0.656 times
27 Tue Feb 2024	182.55	192.95	192.95	181.25	1.494 times
26 Mon Feb 2024	190.75	191.85	192.00	182.95	2.111 times
23 Fri Feb 2024	186.30	184.50	189.80	174.05	1.772 times
22 Thu Feb 2024	181.45	184.95	184.95	174.95	0.948 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 182.7, but if it comes below 182.7, then a intra day sell could be more profitable.
If you take a sell trade below 182.7, then use 182.7 as stoploss and 174.27 as target. However if you take a buy trade in stock , then use 182.7 as stoploss and 192.9 as target.

Share price targets for Nitiraj Engineers (NITIRAJ)

Target Type	Value
Downside Target	81.30
Downside Target	102.00
Downside Target	109.50
Downside Target	115.00
Downside Target	141.00
Downside Target	147.35
Downside Target	154.70
Downside Target	162.40
Downside Target	187.15
Upside Target	189.80
Upside Target	192.95
Upside Target	196.00

Intraday share price targets for Nitiraj Engineers (NITIRAJ)

Target Type	Value
Downside Intraday Target	175.05
Downside Intraday Target	162.95
Upside Intraday Target	193.2
Upside Intraday Target	199.25
Downside Intraday Target	181.1

Weekly technical analysis of Nitiraj Engineers (NITIRAJ)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	187.15	173.05	187.15	169.00	0.335 times
02 Sat Mar 2024	169.80	191.85	192.95	164.40	0.748 times
23 Fri Feb 2024	186.30	174.80	189.80	166.10	1.213 times
16 Fri Feb 2024	169.75	166.00	171.25	157.00	0.268 times
09 Fri Feb 2024	169.70	170.50	196.00	162.40	6.692 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 Nitiraj Engineers (NITIRAJ)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	187.15	168.70	187.15	164.40	0.06 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
03 Thu Aug 2023	104.00	110.00	115.00	102.00	0.128 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 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 Nitiraj Engineers ( (NITIRAJ) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Nitiraj Engineers stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Nitiraj Engineers 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 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 183.01 and Nitiraj Engineers (NITIRAJ) 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 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.