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(NRBBEARING) Nrb Bearing complete technical analysis [charts+indicators] | Buy/Sell Nrb Bearing | (NRBBEARING) share price targets

Complete technical analysis of Nrb Bearing (NRBBEARING) by charts plus indicators, forecast predictions and share price targets for Nrb Bearing (NRBBEARING)

Nrb Bearing trades in NSE in Industrial Machinery sector.

Showing technical analysis as on 2024-03-06 View latest technical analysis

10 day averaged volume of Nrb Bearing is 86667

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	297.00	309.25	311.80	289.75	3.4 times
05 Tue Mar 2024	309.25	312.30	318.75	308.05	1.117 times
04 Mon Mar 2024	316.45	321.00	326.00	315.95	0.81 times
02 Sat Mar 2024	323.25	316.00	324.00	310.00	0.257 times
01 Fri Mar 2024	314.75	311.90	320.20	311.30	1.349 times
29 Thu Feb 2024	309.35	315.00	318.40	308.75	1.666 times
28 Wed Feb 2024	316.10	317.55	322.60	314.80	1.153 times
27 Tue Feb 2024	320.15	318.45	323.50	318.10	0.762 times
26 Mon Feb 2024	318.10	322.00	325.20	316.00	1.214 times
23 Fri Feb 2024	322.00	327.70	328.65	321.15	0.719 times

Stock of Nrb Bearing (NRBBEARING) 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 297.2, for a target of 310.8 or 322.16

Share price targets for Nrb Bearing (NRBBEARING)

Target Type	Value
Downside Target	249.35
Downside Target	273.45
Downside Target	283.00
Downside Target	289.75
Upside Target	308.75
Upside Target	315.05
Upside Target	334.60
Upside Target	342.30
Upside Target	349.00
Upside Target	377.95
Upside Target	389.00
Upside Target	401.55

Intraday share price targets for Nrb Bearing (NRBBEARING)

Target Type	Value
Downside Intraday Target	282.5
Downside Intraday Target	268
Upside Intraday Target	318.75
Upside Intraday Target	340.5
Upside Intraday Target	304.25

Weekly technical analysis of Nrb Bearing (NRBBEARING)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	297.00	321.00	326.00	289.75	0.832 times
02 Sat Mar 2024	323.25	322.00	325.20	308.75	1.272 times
23 Fri Feb 2024	322.00	329.55	334.60	318.90	0.316 times
16 Fri Feb 2024	327.65	350.90	377.95	315.05	0.915 times
09 Fri Feb 2024	350.90	377.60	389.00	349.00	1.104 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 Nrb Bearing (NRBBEARING)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	297.00	311.90	326.00	289.75	0.129 times
29 Thu Feb 2024	309.35	347.90	389.00	308.75	0.508 times
31 Wed Jan 2024	344.15	341.45	401.55	332.05	0.834 times
29 Fri Dec 2023	335.85	277.00	342.30	273.45	2.507 times

Scroll below to view daily charts

Price has moved down 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 Nrb Bearing (NRBBEARING)

Price action analysis of Nrb Bearing ( (NRBBEARING) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nrb Bearing ( (NRBBEARING) ) 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 Nrb Bearing ( (NRBBEARING) ) 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 Nrb Bearing stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nrb Bearing in short term and the sell signal is strong.

Nrb Bearing Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Nrb Bearing 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 Nrb Bearing is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 310.17 and Nrb Bearing (NRBBEARING) 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 Nrb Bearing (NRBBEARING) stock. Volume based technical analysis of Nrb Bearing (NRBBEARING) stock is negative.

Nrb Bearing 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.