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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 2024-01-17 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 6473

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	124.60	124.00	127.00	121.10	0.793 times
16 Tue Jan 2024	127.00	127.95	128.00	122.05	0.654 times
15 Mon Jan 2024	128.00	126.90	128.70	117.05	1.083 times
12 Fri Jan 2024	122.60	128.00	128.00	122.40	0.972 times
11 Thu Jan 2024	128.85	130.00	130.00	128.50	0.224 times
10 Wed Jan 2024	130.00	131.95	132.00	126.00	1.359 times
09 Tue Jan 2024	131.95	128.95	132.30	120.10	1.55 times
08 Mon Jan 2024	126.00	125.00	128.00	125.00	0.353 times
05 Fri Jan 2024	128.10	128.90	131.90	126.10	1.324 times
04 Thu Jan 2024	126.80	120.00	127.60	120.00	1.86 times

My analysis of stock is bullish for shortterm, and stock might move up till 128.4 or till 136.7. Use a stoploss of 121.48 and if this stock hits its stoploss, then it can fall down till 114.55

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
Upside 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	118.2
Downside Intraday Target	111.8
Upside Intraday Target	129.85
Upside Intraday Target	135.1
Downside Intraday Target	123.45

Weekly technical analysis of Nitiraj Engineers (NITIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	124.60	126.90	128.70	117.05	0.567 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
17 Wed Jan 2024	124.60	115.90	132.30	114.00	0.819 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 gaining 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 stronger in this stock.

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 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 127.77 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.