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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)

Showing technical analysis as on 2024-04-04 View latest technical analysis

10 day averaged volume of Niraj Cement is 4595

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	45.02	44.75	45.02	44.00	5.802 times
03 Wed Apr 2024	42.88	42.80	42.88	42.80	0.744 times
02 Tue Apr 2024	40.84	38.95	40.84	38.95	1.333 times
01 Mon Apr 2024	38.90	37.00	38.90	37.00	0.92 times
28 Thu Mar 2024	37.05	37.09	38.30	37.00	0.57 times
27 Wed Mar 2024	37.09	38.89	39.87	37.09	1.067 times
26 Tue Mar 2024	38.89	38.65	39.80	37.75	1.099 times
22 Fri Mar 2024	38.82	39.58	39.99	38.65	0.414 times
21 Thu Mar 2024	38.42	38.29	39.36	38.29	0.805 times
20 Wed Mar 2024	38.29	37.80	38.42	37.30	0.451 times

Stock of Niraj Cement (NirajCement) 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 trade for tomorrow is selective. Take a BUY trade only if stock stays above 43, but if it comes below 43, then a intra day sell could be more profitable.
If you take a sell trade below 43, then use 43 as stoploss and 40.24 as target. However if you take a buy trade in stock , then use 43 as stoploss and 46.4 as target.

Share price targets for Niraj Cement (NirajCement)

Target Type	Value
Downside Target	36.51
Downside Target	39.87
Downside Target	42.79
Downside Target	45.00
Downside Target	45.02
Upside Target	48.49
Upside Target	49.40
Upside Target	61.49
Upside Target	64.50

Intraday share price targets for Niraj Cement (NirajCement)

Target Type	Value
Downside Intraday Target	39.67
Downside Intraday Target	34.33
Upside Intraday Target	47.69
Upside Intraday Target	50.37
Downside Intraday Target	42.35

Weekly technical analysis of Niraj Cement (NirajCement)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	45.02	37.00	45.02	37.00	3.216 times
28 Thu Mar 2024	37.05	38.65	39.87	37.00	0.489 times
22 Fri Mar 2024	38.82	36.51	39.99	36.51	0.683 times
15 Fri Mar 2024	38.08	41.77	43.00	36.80	2.289 times
07 Thu Mar 2024	43.82	49.40	49.40	42.79	0.454 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 Niraj Cement (NirajCement)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	45.02	37.00	45.02	37.00	0.417 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
31 Wed Jan 2024	60.47	43.65	61.49	43.30	3.184 times

Scroll below to view daily charts

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 Niraj Cement (NirajCement)

Price action analysis of Niraj Cement ( (NirajCement) ) based on a short 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.

Price action analysis of Niraj Cement ( (NirajCement) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Niraj Cement 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.

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 moving up

CCI has generated a buy signal for Niraj Cement in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 41.73 and Niraj Cement (NirajCement) 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 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.