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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 2024-10-24 View latest technical analysis

10 day averaged volume of Niraj Cement is 4267

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	61.42	59.60	63.99	59.60	0.062 times
23 Wed Oct 2024	62.48	63.49	63.49	60.80	0.151 times
22 Tue Oct 2024	62.94	65.50	65.50	60.66	0.467 times
21 Mon Oct 2024	63.07	63.04	64.45	61.30	1.087 times
18 Fri Oct 2024	63.38	60.92	63.38	58.42	1.169 times
17 Thu Oct 2024	60.37	62.00	62.00	60.20	2.747 times
16 Wed Oct 2024	63.00	64.74	64.74	61.52	1.238 times
15 Tue Oct 2024	64.74	62.00	65.00	60.93	1.727 times
14 Mon Oct 2024	62.17	63.60	65.40	61.78	0.276 times
11 Fri Oct 2024	63.50	65.00	65.00	63.00	0.842 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 61.5, but if it comes above 61.5, then a intra day buy could be more profitable.
If you take a sell trade below 61.5, then use 61.5 as stoploss and 59.5 as target. However if you take a buy trade in stock , then use 61.5 as stoploss and 63.24 as target.

Share price targets for Niraj Cement (NirajCement)

Target Type	Value
Downside Target	40.72
Downside Target	42.00
Downside Target	43.50
Downside Target	49.50
Downside Target	55.00
Downside Target	58.42
Upside Target	61.51
Upside Target	63.10
Upside Target	65.40
Upside Target	65.80
Upside Target	65.89
Upside Target	68.43
Upside Target	74.95

Intraday share price targets for Niraj Cement (NirajCement)

Target Type	Value
Downside Intraday Target	58.85
Downside Intraday Target	56.27
Upside Intraday Target	64.75
Upside Intraday Target	68.07
Upside Intraday Target	62.17

Weekly technical analysis of Niraj Cement (NirajCement)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	61.42	63.04	65.50	59.60	0.247 times
18 Fri Oct 2024	63.38	63.60	65.40	58.42	2.431 times
11 Fri Oct 2024	63.50	65.40	65.89	58.75	0.843 times
03 Thu Oct 2024	63.00	65.75	65.80	61.51	0.224 times
27 Fri Sep 2024	64.60	68.00	68.43	63.10	0.439 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
24 Thu Oct 2024	61.42	64.03	65.89	58.42	0.025 times
30 Mon Sep 2024	62.77	53.50	74.95	49.50	5.472 times
30 Fri Aug 2024	51.46	49.45	56.00	42.00	2.274 times
31 Wed Jul 2024	50.46	52.60	55.00	43.50	0.708 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 Niraj Cement (NirajCement)

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Niraj Cement stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Niraj Cement Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Niraj Cement 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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 62.62 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 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.