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

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

10 day averaged volume of Narmada is 1531

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 19.70 20.00 20.00 19.70 0.922 times
06 Mon May 2024 20.10 20.10 20.10 20.10 0.036 times
03 Fri May 2024 20.10 20.50 20.50 20.10 0.302 times
02 Thu May 2024 20.50 20.45 20.50 20.45 0.97 times
30 Tue Apr 2024 20.10 20.85 20.85 20.10 0.197 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.3, but if it comes above 20.3, then a intra day buy could be more profitable.
If you take a sell trade below 20.3, then use 20.3 as stoploss and 18.8 as target. However if you take a buy trade in stock , then use 20.3 as stoploss and 21.5 as target.

Share price targets for Narmada (Narmada)

Target Type Value
Downside Target 19.70
Upside Target 21.64
Upside Target 21.65
Upside Target 22.54
Upside Target 23.40
Upside Target 23.50
Upside Target 24.55
Upside Target 27.70
Upside Target 32.86
Upside Target 34.85

Intraday share price targets for Narmada (Narmada)

Target Type Value
Downside Intraday Target 19.57
Downside Intraday Target 19.43
Upside Intraday Target 19.97
Upside Intraday Target 20.23
Upside Intraday Target 19.83

Weekly technical analysis of Narmada (Narmada)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 19.70 20.10 20.10 19.70 0.233 times
03 Fri May 2024 20.10 20.32 20.85 20.10 0.818 times
26 Fri Apr 2024 20.73 21.22 21.64 20.73 6.697 times
19 Fri Apr 2024 21.65 22.54 22.54 21.65 0.157 times
12 Fri Apr 2024 22.99 23.03 23.40 22.54 1.555 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 Narmada (Narmada)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 19.70 20.45 20.50 19.70 0.136 times
30 Tue Apr 2024 20.10 20.33 23.50 19.92 0.73 times
28 Thu Mar 2024 20.33 24.50 27.70 20.33 0.08 times
29 Thu Feb 2024 25.00 33.00 34.85 24.55 0.421 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 Narmada (Narmada)

Indicator Name Indicator Value Indicator Signal
ADX 22, 37, 25 Sell
MACD -2, -1Sell
Stochastics 0Sell
CCI -144Sell
RSI 61Buy
OBV -13505Sell
VWAP 21Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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

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

Narmada 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Narmada in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Narmada is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.53 and Narmada (Narmada) 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 Narmada (Narmada) stock. Volume based technical analysis of Narmada (Narmada) stock is negative.

Narmada 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.

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