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(NirajCement) Niraj Cement complete technical analysis [charts+indicators] | Buy/Sell Niraj Cement | (NirajCement) share price targets

Complete technical analysis of Niraj Cement (NirajCement) by charts plus indicators, forecast predictions and share price targets for Niraj Cement (NirajCement)

10 day averaged volume of Niraj Cement is 8111

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 42.08 42.14 42.84 41.01 0.802 times
20 Mon May 2024 43.16 43.40 43.44 43.00 0.375 times
17 Fri May 2024 43.45 43.54 43.90 43.11 0.231 times
16 Thu May 2024 42.16 42.74 42.80 42.16 0.058 times
15 Wed May 2024 42.70 43.40 43.40 42.10 0.35 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 41.4 as stoploss in an intra day buy trade for a target of 42.8. However, stock will show a bearish move below 41.4.

Share price targets for Niraj Cement (NirajCement)

Target Type Value
Downside Target 36.51
Downside Target 39.26
Downside Target 41.01
Downside Target 41.95
Upside Target 43.30
Upside Target 44.56
Upside Target 45.00
Upside Target 45.80
Upside Target 49.40
Upside Target 51.90
Upside Target 61.49
Upside Target 64.50

Intraday share price targets for Niraj Cement (NirajCement)

Target Type Value
Downside Intraday Target 40.91
Downside Intraday Target 39.75
Upside Intraday Target 43.34
Upside Intraday Target 44.61
Upside Intraday Target 42.18

Weekly technical analysis of Niraj Cement (NirajCement)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 42.08 43.40 43.44 41.01 0.168 times
17 Fri May 2024 43.45 39.93 43.90 39.92 2.876 times
10 Fri May 2024 40.73 43.03 44.25 39.26 1.643 times
03 Fri May 2024 43.11 43.14 44.56 42.20 0.24 times
26 Fri Apr 2024 43.45 42.91 45.80 41.95 2.917 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 Niraj Cement (NirajCement)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 42.08 44.00 44.34 39.26 0.474 times
30 Tue Apr 2024 44.12 37.00 51.90 37.00 2.043 times
28 Thu Mar 2024 37.05 46.80 49.40 36.51 0.237 times
29 Thu Feb 2024 46.78 60.37 64.50 45.00 0.249 times

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 Niraj Cement (NirajCement)

Indicator Name Indicator Value Indicator Signal
ADX 22, 27, 11 Sell
MACD -1, -1Buy
Stochastics 76Buy
CCI 3Sell
RSI 51Buy
OBV 57594Sell
VWAP 42Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Niraj Cement ( (NirajCement) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Niraj Cement ( (NirajCement) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Niraj Cement ( (NirajCement) ) 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 Niraj Cement ( (NirajCement) ) based on a mid to longer 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.

ADX buy sell signal for Niraj Cement stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Niraj Cement in short term but the buy signal is initial and weak.

Niraj Cement 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Niraj Cement in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Niraj Cement is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.24 and Niraj Cement (NirajCement) 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 Niraj Cement (NirajCement) stock. Volume based technical analysis of Niraj Cement (NirajCement) stock is negative.

Niraj Cement Stock is giving positive 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.

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