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(Nirlon) Nirlon complete technical analysis [charts+indicators] | Buy/Sell Nirlon | (Nirlon) share price targets

Complete technical analysis of Nirlon (Nirlon) by charts plus indicators, forecast predictions and share price targets for Nirlon (Nirlon)

10 day averaged volume of Nirlon is 5173

Date Daily Closing Price Open High Low Volume
11 Thu Aug 2022 376.95 390.00 390.00 372.05 1.618 times
10 Wed Aug 2022 379.80 370.00 386.90 370.00 0.646 times
08 Mon Aug 2022 381.15 378.00 385.00 378.00 2.153 times
05 Fri Aug 2022 380.15 380.05 384.95 378.00 1.836 times
04 Thu Aug 2022 379.55 389.95 389.95 378.10 0.164 times
03 Wed Aug 2022 382.05 377.75 384.50 377.30 0.356 times
02 Tue Aug 2022 380.05 380.05 385.00 376.85 2.154 times
01 Mon Aug 2022 383.80 386.20 386.20 381.05 0.195 times
30 Sat Jul 2022 378.60 380.30 383.90 376.20 0.128 times
28 Thu Jul 2022 384.95 382.75 388.90 373.15 2.174 times

My analysis of stock is bearish for shortterm, and stock might move down till 373.4 or till 368.7. Use a stoploss of 377.42 and if the stock hits stoploss, then it can shoot up till 381.4

Share price targets for Nirlon (Nirlon)

Target Type Value
Downside Target 352.30
Upside Target 388.90
Upside Target 389.95
Upside Target 390.00
Upside Target 394.00
Upside Target 395.00
Upside Target 400.00
Upside Target 406.00
Upside Target 418.00

Intraday share price targets for Nirlon (Nirlon)

Target Type Value
Downside Intraday Target 367.97
Downside Intraday Target 358.98
Upside Intraday Target 387.97
Upside Intraday Target 398.98
Upside Intraday Target 378.98

Weekly technical analysis of Nirlon (Nirlon)

Date Weekly Closing Price Open High Low Volume
11 Thu Aug 2022 376.95 378.00 390.00 370.00 0.939 times
05 Fri Aug 2022 380.15 386.20 389.95 376.85 1.547 times
30 Sat Jul 2022 378.60 381.90 388.90 368.00 0.784 times
22 Fri Jul 2022 372.10 377.70 395.00 363.80 1.863 times
15 Fri Jul 2022 372.55 394.00 394.00 360.50 1.856 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 Nirlon (Nirlon)

Date Monthly Closing Price Open High Low Volume
11 Thu Aug 2022 376.95 386.20 390.00 370.00 0.896 times
30 Sat Jul 2022 378.60 367.00 395.00 358.00 0.652 times
30 Thu Jun 2022 357.75 382.95 400.00 352.30 0.95 times
31 Tue May 2022 383.90 403.95 406.00 360.25 0.98 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 Nirlon (Nirlon)

Indicator Name Indicator Value Indicator Signal
ADX 18, 12, 18 Buy
MACD 2, 2Sell
Stochastics 48None
CCI -84Buy
RSI 54Buy
OBV 18590Sell
VWAP 381Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Nirlon ( (Nirlon) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nirlon ( (Nirlon) ) based on a short term time period is

Price action analysis of Nirlon ( (Nirlon) ) 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 Nirlon ( (Nirlon) ) 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 Nirlon stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Nirlon 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 getting stronger in this stock.

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 buy signal for Nirlon in short term but BUY signal is weak.

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nirlon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 380.86 and Nirlon (Nirlon) 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 Nirlon (Nirlon) stock. Volume based technical analysis of Nirlon (Nirlon) stock is negative.

Nirlon Stock has given negative 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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Daily charts

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Daily chart

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