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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 2024-11-01 View latest technical analysis

10 day averaged volume of Niraj Cement is 3788

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	59.66	59.46	59.77	59.42	0.208 times
31 Thu Oct 2024	59.18	60.39	60.39	58.72	0.452 times
30 Wed Oct 2024	61.50	59.69	61.84	59.69	1.004 times
29 Tue Oct 2024	58.90	59.00	60.48	58.90	0.669 times
28 Mon Oct 2024	62.00	59.57	62.70	59.57	0.586 times
25 Fri Oct 2024	61.40	60.00	63.44	58.35	3.982 times
24 Thu Oct 2024	61.42	59.60	63.99	59.60	0.07 times
23 Wed Oct 2024	62.48	63.49	63.49	60.80	0.17 times
22 Tue Oct 2024	62.94	65.50	65.50	60.66	0.526 times
21 Mon Oct 2024	63.07	63.04	64.45	61.30	1.225 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 60.4, but if it comes above 60.4, then a intra day buy could be more profitable.
If you take a sell trade below 60.4, then use 60.4 as stoploss and 58.5 as target. However if you take a buy trade in stock , then use 60.4 as stoploss and 62.02 as target.

Share price targets for Niraj Cement (NirajCement)

Target Type	Value
Downside Target	42.00
Downside Target	43.50
Downside Target	49.50
Downside Target	55.00
Downside Target	58.35
Upside Target	61.51
Upside Target	62.70
Upside Target	65.40
Upside Target	65.50
Upside Target	65.80
Upside Target	65.89
Upside Target	74.95

Intraday share price targets for Niraj Cement (NirajCement)

Target Type	Value
Downside Intraday Target	58.02
Downside Intraday Target	56.38
Upside Intraday Target	62
Upside Intraday Target	64.34
Upside Intraday Target	60.36

Weekly technical analysis of Niraj Cement (NirajCement)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	59.66	59.57	62.70	58.72	0.489 times
25 Fri Oct 2024	61.40	63.04	65.50	58.35	0.741 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

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
01 Fri Nov 2024	59.66	59.46	59.77	59.42	0.009 times
31 Thu Oct 2024	59.18	64.03	65.89	58.35	0.036 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

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 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 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 losing momentum.

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

Niraj Cement Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Niraj Cement in short term but BUY 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 61.45 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.