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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 2024-01-16 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 6771

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	127.00	127.95	128.00	122.05	0.625 times
15 Mon Jan 2024	128.00	126.90	128.70	117.05	1.035 times
12 Fri Jan 2024	122.60	128.00	128.00	122.40	0.929 times
11 Thu Jan 2024	128.85	130.00	130.00	128.50	0.215 times
10 Wed Jan 2024	130.00	131.95	132.00	126.00	1.299 times
09 Tue Jan 2024	131.95	128.95	132.30	120.10	1.482 times
08 Mon Jan 2024	126.00	125.00	128.00	125.00	0.337 times
05 Fri Jan 2024	128.10	128.90	131.90	126.10	1.266 times
04 Thu Jan 2024	126.80	120.00	127.60	120.00	1.778 times
03 Wed Jan 2024	122.80	121.90	126.90	118.00	0.594 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 128 as stoploss in an intra day sell trade for a target of 121. However, stock will show a bullish move above 128.

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	112.80
Downside Target	117.05
Downside Target	123.85
Downside Target	124.80
Upside Target	128.70
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	119.8
Downside Intraday Target	112.6
Upside Intraday Target	131.45
Upside Intraday Target	135.9
Downside Intraday Target	124.25

Weekly technical analysis of Nitiraj Engineers (NITIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	127.00	126.90	128.70	117.05	0.39 times
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

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
16 Tue Jan 2024	127.00	115.90	132.30	114.00	0.766 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 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_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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a buy signal for Nitiraj Engineers in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 127.71 and Nitiraj Engineers (NITIRAJ_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.