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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 2024-03-12 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 7784

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	168.50	171.95	171.95	167.30	0.259 times
11 Mon Mar 2024	174.10	178.95	178.95	167.00	0.992 times
07 Thu Mar 2024	174.50	178.00	178.00	171.00	1.44 times
06 Wed Mar 2024	179.70	190.90	191.00	177.80	1.455 times
05 Tue Mar 2024	187.15	183.00	187.15	181.85	1.236 times
04 Mon Mar 2024	178.25	173.05	178.25	169.00	0.947 times
02 Sat Mar 2024	169.80	172.70	175.00	165.00	0.169 times
01 Fri Mar 2024	167.95	168.70	172.75	164.40	0.686 times
29 Thu Feb 2024	168.70	175.35	175.35	167.05	0.444 times
28 Wed Feb 2024	175.30	182.50	185.50	173.50	0.803 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 167.7 as stoploss in an intra day buy trade for a target of 175.42. However, stock will show a bearish move below 167.7.

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	164.40
Upside Target	178.95
Upside Target	189.80
Upside Target	191.00
Upside Target	192.95
Upside Target	196.00

Intraday share price targets for Nitiraj Engineers (NITIRAJ)

Target Type	Value
Downside Intraday Target	164.02
Downside Intraday Target	159.53
Upside Intraday Target	175.97
Upside Intraday Target	183.43
Upside Intraday Target	171.48

Weekly technical analysis of Nitiraj Engineers (NITIRAJ)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	168.50	178.95	178.95	167.00	0.246 times
07 Thu Mar 2024	174.50	173.05	191.00	169.00	0.779 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

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
12 Tue Mar 2024	168.50	168.70	191.00	164.40	0.142 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 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 Nitiraj Engineers (NITIRAJ)

Price action analysis of Nitiraj Engineers ( (NITIRAJ) ) 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 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 to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Nitiraj Engineers 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 coming down

CCI has generated a SELL signal for Nitiraj Engineers 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 negative zone. This is the SELL zone

Stock of Nitiraj Engineers is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 176.59 and Nitiraj Engineers (NITIRAJ) 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 Nitiraj Engineers (NITIRAJ) stock. Volume based technical analysis of Nitiraj Engineers (NITIRAJ) stock is negative.

Nitiraj Engineers 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.