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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 2024-03-20 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 7626

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	168.00	172.85	173.55	166.05	0.65 times
19 Tue Mar 2024	173.55	166.25	174.00	166.25	1.07 times
18 Mon Mar 2024	165.95	159.05	165.95	159.00	0.474 times
15 Fri Mar 2024	158.05	161.90	161.90	156.15	1.263 times
14 Thu Mar 2024	159.90	153.00	160.00	152.10	0.454 times
13 Wed Mar 2024	160.10	172.00	172.00	160.10	1.246 times
12 Tue Mar 2024	168.50	171.95	171.95	167.30	0.264 times
11 Mon Mar 2024	174.10	178.95	178.95	167.00	1.012 times
07 Thu Mar 2024	174.50	178.00	178.00	171.00	1.47 times
06 Wed Mar 2024	179.70	190.90	191.00	177.80	1.485 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 164.5 as stoploss in an intra day buy trade for a target of 173.53. However, stock will show a bearish move below 164.5.

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	152.10
Downside Target	159.00
Downside Target	164.40
Upside Target	174.00
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	160
Downside Intraday Target	152
Upside Intraday Target	175
Upside Intraday Target	182
Downside Intraday Target	167

Weekly technical analysis of Nitiraj Engineers (NITIRAJ)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	168.00	159.05	174.00	159.00	0.517 times
15 Fri Mar 2024	158.05	178.95	178.95	152.10	0.818 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

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
20 Wed Mar 2024	168.00	168.70	191.00	152.10	0.242 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 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 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 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. 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 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 169.29 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.