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

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

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

10 day averaged volume of Nitiraj Engineers is 2700

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Apr 2021	43.20	46.00	47.70	43.20	6.111 times
05 Mon Apr 2021	45.45	45.45	45.45	45.45	0.556 times
30 Tue Mar 2021	47.80	47.80	47.80	47.80	0.556 times
18 Thu Feb 2021	47.85	47.85	47.85	47.85	0.556 times
05 Fri Feb 2021	50.35	50.35	50.35	50.35	0.556 times
27 Wed Jan 2021	53.00	53.00	53.00	53.00	0.556 times
13 Wed Jan 2021	55.50	55.50	55.50	55.50	0.556 times
30 Wed Dec 2020	57.60	57.60	57.60	57.60	0.556 times
24 Thu Dec 2020	57.60	57.60	57.60	57.60	0.556 times
23 Wed Dec 2020	55.00	55.00	55.00	55.00	3.333 times

Stock of Nitiraj Engineers (NITIRAJ_SM) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 42.6, for a target of 47.7 or 51.95

Share price targets for Nitiraj Engineers (NITIRAJ_SM)

Target Type	Value
Downside Target	43.20
Upside Target	47.70
Upside Target	47.95
Upside Target	50.35
Upside Target	53.00
Upside Target	55.50
Upside Target	61.20

Intraday share price targets for Nitiraj Engineers (NITIRAJ_SM)

Target Type	Value
Downside Intraday Target	41.7
Downside Intraday Target	40.2
Upside Intraday Target	46.2
Upside Intraday Target	49.2
Upside Intraday Target	44.7

Weekly technical analysis of Nitiraj Engineers (NITIRAJ_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Apr 2021	43.20	45.45	47.70	43.20	12 times
30 Tue Mar 2021	47.80	47.80	47.80	47.80	1 times
18 Thu Feb 2021	47.85	47.85	47.85	47.85	0.5 times
05 Fri Feb 2021	50.35	53.00	53.00	50.35	2 times
13 Wed Jan 2021	55.50	55.50	55.50	55.50	1 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nitiraj Engineers (NITIRAJ_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Apr 2021	43.20	45.45	47.70	43.20	12 times
30 Tue Mar 2021	47.80	47.80	47.80	47.80	0.5 times
18 Thu Feb 2021	47.85	50.35	50.35	47.85	1 times
27 Wed Jan 2021	53.00	55.50	55.50	53.00	0.026 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Nitiraj Engineers (NITIRAJ_SM)

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

Price action analysis of Nitiraj Engineers ( (NITIRAJ_SM) ) based on a short to mid 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_SM) ) 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 SELL signal for Nitiraj Engineers in short term and the sell signal is strong.

Nitiraj Engineers Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 48.81 and Nitiraj Engineers (NITIRAJ_SM) 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_SM) stock. Volume based technical analysis of Nitiraj Engineers (NITIRAJ_SM) stock is negative.

Nitiraj Engineers Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.