Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-01-03 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 4363

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Jan 2024	122.80	121.90	126.90	118.00	0.922 times
02 Tue Jan 2024	121.90	118.40	124.30	118.00	1.652 times
01 Mon Jan 2024	118.40	115.90	118.90	114.00	0.757 times
29 Fri Dec 2023	118.90	113.05	119.70	113.00	0.532 times
28 Thu Dec 2023	115.00	114.55	117.95	114.55	1.045 times
27 Wed Dec 2023	114.55	113.00	114.55	112.00	0.612 times
26 Tue Dec 2023	109.10	117.00	117.00	109.10	0.956 times
22 Fri Dec 2023	112.15	112.00	115.00	110.00	0.529 times
21 Thu Dec 2023	111.50	110.00	115.50	108.10	1.029 times
20 Wed Dec 2023	111.45	117.70	117.70	110.00	1.678 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 123.9, for a target of 119.4 or 115.67

Share price targets for Nitiraj Engineers (NITIRAJ_BE)

Target Type	Value
Downside Target	97.85
Downside Target	103.55
Downside Target	108.05
Downside Target	117.70
Downside Target	119.70
Downside Target	122.50
Upside Target	123.85
Upside Target	124.80
Upside Target	126.90
Upside Target	147.50

Intraday share price targets for Nitiraj Engineers (NITIRAJ_BE)

Target Type	Value
Downside Intraday Target	115.57
Downside Intraday Target	108.33
Upside Intraday Target	128.47
Upside Intraday Target	134.13
Downside Intraday Target	121.23

Weekly technical analysis of Nitiraj Engineers (NITIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Jan 2024	122.80	115.90	126.90	114.00	1.059 times
29 Fri Dec 2023	118.90	117.00	119.70	109.10	0.557 times
22 Fri Dec 2023	112.15	111.00	117.70	108.05	0.845 times
15 Fri Dec 2023	111.00	122.50	122.50	110.90	1.153 times
08 Fri Dec 2023	120.05	121.80	123.85	114.20	1.46 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Jan 2024	122.80	115.90	126.90	114.00	0.148 times
29 Fri Dec 2023	118.90	120.00	123.85	108.05	1.209 times
30 Thu Nov 2023	120.05	123.20	124.80	109.80	0.277 times
31 Tue Oct 2023	125.70	109.90	147.50	103.55	3.159 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_BE)

Price action analysis of Nitiraj Engineers ( (NITIRAJ_BE) ) 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_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Nitiraj Engineers ( (NITIRAJ_BE) ) based on a mid to longer 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.

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 BUY signal for Nitiraj Engineers in short term and the buy signal is strong.

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

Nitiraj Engineers Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal in short term and selling is picking up 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 115.64 and Nitiraj Engineers (NITIRAJ_BE) 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_BE) stock. Volume based technical analysis of Nitiraj Engineers (NITIRAJ_BE) 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.