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(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 2024-01-12 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 6003

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	122.60	128.00	128.00	122.40	1.048 times
11 Thu Jan 2024	128.85	130.00	130.00	128.50	0.242 times
10 Wed Jan 2024	130.00	131.95	132.00	126.00	1.465 times
09 Tue Jan 2024	131.95	128.95	132.30	120.10	1.671 times
08 Mon Jan 2024	126.00	125.00	128.00	125.00	0.38 times
05 Fri Jan 2024	128.10	128.90	131.90	126.10	1.428 times
04 Thu Jan 2024	126.80	120.00	127.60	120.00	2.005 times
03 Wed Jan 2024	122.80	121.90	126.90	118.00	0.67 times
02 Tue Jan 2024	121.90	118.40	124.30	118.00	1.201 times
01 Mon Jan 2024	118.40	115.90	118.90	114.00	0.55 times

My analysis of stock is bullish for shortterm, and stock might move up till 126.6 or till 135.3. Use a stoploss of 119.37 and if this stock hits its stoploss, then it can fall down till 112.14

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	120.10
Downside Target	122.50
Upside Target	123.85
Upside Target	124.80
Upside Target	131.90
Upside Target	132.30
Upside Target	147.50

Intraday share price targets for Nitiraj Engineers (NITIRAJ_BE)

Target Type	Value
Downside Intraday Target	117.7
Downside Intraday Target	112.8
Upside Intraday Target	129.9
Upside Intraday Target	137.2
Upside Intraday Target	125

Weekly technical analysis of Nitiraj Engineers (NITIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	122.60	125.00	132.30	120.10	0.821 times
05 Fri Jan 2024	128.10	115.90	131.90	114.00	2.562 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	122.60	115.90	132.30	114.00	0.652 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nitiraj Engineers ( (NITIRAJ_BE) ) 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_BE) ) 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 losing momentum.

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

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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 126.59 and Nitiraj Engineers (NITIRAJ_BE) 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_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.