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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 1485

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 21.05 20.06 21.05 20.06 4.02 times
15 Wed May 2024 20.05 20.05 20.05 20.05 0.202 times
14 Tue May 2024 19.38 19.15 20.05 18.55 1.252 times
13 Mon May 2024 19.12 18.92 20.27 18.92 1.983 times
10 Fri May 2024 19.31 19.31 19.31 19.31 0.003 times

Stock of Narmada (Narmada) 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 21.1 as stoploss in an intra day sell trade for a target of 20.31. However, stock will show a bullish move above 21.1.

Share price targets for Narmada (Narmada)

Target Type Value
Downside Target 18.55
Downside Target 18.94
Downside Target 19.92
Upside Target 21.64
Upside Target 21.65
Upside Target 22.54
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 19.38
Downside Intraday Target 17.72
Upside Intraday Target 21.88
Upside Intraday Target 22.72
Downside Intraday Target 20.22

Weekly technical analysis of Narmada (Narmada)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 21.05 18.92 21.05 18.55 3.345 times
10 Fri May 2024 19.31 20.10 20.10 18.94 0.527 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

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

Monthly technical analysis of Narmada (Narmada)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 21.05 20.45 21.05 18.55 0.649 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 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 Narmada (Narmada)

Indicator Name Indicator Value Indicator Signal
ADX 35, 25, 16 Buy
MACD -1, -2Buy
Stochastics 71Buy
CCI 147Buy
RSI 62Buy
OBV -6607Sell
VWAP 20Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Narmada ( (Narmada) ) 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 Narmada ( (Narmada) ) 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 Narmada ( (Narmada) ) 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Narmada 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 moving up

CCI has generated a buy signal for Narmada 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 negative zone. This is the SELL zone

Stock of Narmada is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.05 and Narmada (Narmada) 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 Narmada (Narmada) stock. Volume based technical analysis of Narmada (Narmada) stock is negative.

Narmada 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.

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Click here for further forecast and predictions for tomorrow

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