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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 3111

Date Daily Closing Price Open High Low Volume
07 Fri Oct 2022 358.15 357.05 361.00 357.00 0.754 times
06 Thu Oct 2022 358.20 363.20 363.50 355.05 0.559 times
04 Tue Oct 2022 357.80 364.40 364.40 357.00 0.255 times
03 Mon Oct 2022 356.00 370.50 370.50 354.90 0.63 times
30 Fri Sep 2022 363.30 360.05 366.00 359.50 0.813 times
29 Thu Sep 2022 360.60 374.00 374.00 359.00 1.06 times
28 Wed Sep 2022 358.85 356.75 364.90 354.15 0.377 times
27 Tue Sep 2022 358.00 365.30 366.00 357.10 0.208 times
26 Mon Sep 2022 358.10 360.15 364.10 355.30 0.623 times
23 Fri Sep 2022 364.10 364.95 368.90 364.10 0.263 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 358.2, but if it comes above 358.2, then a intra day buy could be more profitable.
If you take a sell trade below 358.2, then use 358.2 as stoploss and 350.5 as target. However if you take a buy trade in stock , then use 358.2 as stoploss and 364.54 as target.

Share price targets for Nirlon (Nirlon)

Target Type Value
Downside Target 352.30
Upside Target 370.50
Upside Target 374.00
Upside Target 375.60
Upside Target 379.05
Upside Target 393.95
Upside Target 395.00
Upside Target 397.95
Upside Target 400.00

Intraday share price targets for Nirlon (Nirlon)

Target Type Value
Downside Intraday Target 351.87
Downside Intraday Target 345.58
Upside Intraday Target 367.47
Upside Intraday Target 376.78
Upside Intraday Target 361.18

Weekly technical analysis of Nirlon (Nirlon)

Date Weekly Closing Price Open High Low Volume
07 Fri Oct 2022 358.15 370.50 370.50 354.90 0.713 times
30 Fri Sep 2022 363.30 360.15 374.00 354.15 0.385 times
23 Fri Sep 2022 364.10 375.60 375.60 360.55 2.568 times
16 Fri Sep 2022 369.60 373.10 379.05 368.00 0.371 times
09 Fri Sep 2022 377.00 393.90 397.95 370.10 0.983 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
07 Fri Oct 2022 358.15 370.50 370.50 354.90 0.088 times
30 Fri Sep 2022 363.30 395.00 397.95 354.15 0.605 times
30 Tue Aug 2022 388.60 386.20 393.95 364.40 2.43 times
29 Fri Jul 2022 378.60 367.00 395.00 358.00 0.652 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 9, 18, 31 Sell
MACD -9, -8Sell
Stochastics 20Sell
CCI -74Sell
RSI 42Sell
OBV -26486Sell
VWAP 359Sell
ADL 0Sell
ROC -2Sell
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

Price action analysis of Nirlon ( (Nirlon) ) 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 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 Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are below the red 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 359.44 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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