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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 2024-11-07 View latest technical analysis

10 day averaged volume of Niraj Cement is 4376

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	58.00	58.23	59.46	58.00	0.893 times
06 Wed Nov 2024	59.50	59.99	59.99	59.00	1.031 times
05 Tue Nov 2024	59.91	56.41	60.00	56.41	1.312 times
04 Mon Nov 2024	58.01	58.48	59.50	57.33	1.624 times
01 Fri Nov 2024	59.66	59.46	59.77	59.42	0.18 times
31 Thu Oct 2024	59.18	60.39	60.39	58.72	0.391 times
30 Wed Oct 2024	61.50	59.69	61.84	59.69	0.869 times
29 Tue Oct 2024	58.90	59.00	60.48	58.90	0.579 times
28 Mon Oct 2024	62.00	59.57	62.70	59.57	0.507 times
25 Fri Oct 2024	61.40	60.00	63.44	58.35	3.447 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.3, but if it comes above 59.3, then a intra day buy could be more profitable.
If you take a sell trade below 59.3, then use 59.3 as stoploss and 57.1 as target. However if you take a buy trade in stock , then use 59.3 as stoploss and 61.26 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
Upside Target	58.35
Upside Target	60.00
Upside Target	62.70
Upside Target	65.40
Upside Target	65.50
Upside Target	65.89
Upside Target	74.95

Intraday share price targets for Niraj Cement (NirajCement)

Target Type	Value
Downside Intraday Target	56.27
Downside Intraday Target	54.55
Upside Intraday Target	59.86
Upside Intraday Target	61.73
Upside Intraday Target	58.14

Weekly technical analysis of Niraj Cement (NirajCement)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	58.00	58.48	60.00	56.41	1.924 times
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

Price has moved down 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
07 Thu Nov 2024	58.00	59.46	60.00	56.41	0.261 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 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 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 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 gaining momentum.

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

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. 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 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 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 60.04 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.