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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 7143

Date Daily Closing Price Open High Low Volume
18 Thu Aug 2022 370.55 374.60 374.60 365.35 0.604 times
17 Wed Aug 2022 372.05 374.15 375.90 370.15 0.37 times
16 Tue Aug 2022 369.30 374.65 374.65 365.95 0.416 times
12 Fri Aug 2022 366.95 388.00 388.00 364.40 2.749 times
11 Thu Aug 2022 376.95 390.00 390.00 372.05 1.172 times
10 Wed Aug 2022 379.80 370.00 386.90 370.00 0.468 times
08 Mon Aug 2022 381.15 378.00 385.00 378.00 1.559 times
05 Fri Aug 2022 380.15 380.05 384.95 378.00 1.329 times
04 Thu Aug 2022 379.55 389.95 389.95 378.10 0.118 times
03 Wed Aug 2022 382.05 377.75 384.50 377.30 0.258 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 371.2, but if it comes above 371.2, then a intra day buy could be more profitable.
If you take a sell trade below 371.2, then use 371.2 as stoploss and 365.1 as target. However if you take a buy trade in stock , then use 371.2 as stoploss and 376.29 as target.

Share price targets for Nirlon (Nirlon)

Target Type Value
Downside Target 352.30
Upside Target 375.90
Upside Target 388.90
Upside Target 389.95
Upside Target 390.00
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 365.3
Downside Intraday Target 360.05
Upside Intraday Target 375.85
Upside Intraday Target 381.15
Upside Intraday Target 370.6

Weekly technical analysis of Nirlon (Nirlon)

Date Weekly Closing Price Open High Low Volume
18 Thu Aug 2022 370.55 374.65 375.90 365.35 0.234 times
12 Fri Aug 2022 366.95 378.00 390.00 364.40 1.746 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

Price has moved up 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
18 Thu Aug 2022 370.55 386.20 390.00 364.40 1.458 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 13, 17, 14 Sell
MACD -2, -0Sell
Stochastics 24Sell
CCI -103Sell
RSI 50Sell
OBV 3133Sell
VWAP 374Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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

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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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

CCI has generated a SELL signal for Nirlon in short term and SELL 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 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 374.45 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Nirlon charts

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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