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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 2024-01-25 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 4521

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	131.45	129.85	131.75	128.85	2.164 times
24 Wed Jan 2024	125.50	126.00	131.00	125.00	1.572 times
23 Tue Jan 2024	125.55	126.00	126.00	123.10	0.405 times
22 Mon Jan 2024	129.50	130.90	130.90	125.70	0.246 times
19 Fri Jan 2024	126.90	122.10	127.00	120.10	1.604 times
18 Thu Jan 2024	122.00	123.75	125.05	122.00	0.839 times
17 Wed Jan 2024	124.60	124.00	127.00	121.10	1.135 times
16 Tue Jan 2024	127.00	127.95	128.00	122.05	0.936 times
15 Mon Jan 2024	128.00	126.90	128.70	117.05	1.55 times
12 Fri Jan 2024	122.60	128.00	128.00	122.40	1.391 times

Stock of Nitiraj Engineers (NITIRAJ_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 129.6, but if it comes below 129.6, then a intra day sell could be more profitable.
If you take a sell trade below 129.6, then use 129.6 as stoploss and 125.84 as target. However if you take a buy trade in stock , then use 129.6 as stoploss and 134 as target.

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	119.70
Downside Target	123.10
Downside Target	128.70
Upside Target	131.75
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	125.78
Downside Intraday Target	120.12
Upside Intraday Target	134.43
Upside Intraday Target	137.42
Downside Intraday Target	128.77

Weekly technical analysis of Nitiraj Engineers (NITIRAJ_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	131.45	130.90	131.75	123.10	0.723 times
19 Fri Jan 2024	126.90	126.90	128.70	117.05	0.95 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

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
25 Thu Jan 2024	131.45	115.90	132.30	114.00	1.133 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 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_BE) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak 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 stronger in this stock.

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 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 126.63 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.