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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)

Showing technical analysis as on 2022-05-05 View latest technical analysis

10 day averaged volume of Nirlon is 5489

Date Daily Closing Price Open High Low Volume
05 Thu May 2022 389.70 406.00 406.00 386.75 0.204 times
04 Wed May 2022 395.90 401.00 401.00 386.05 1.073 times
02 Mon May 2022 396.15 403.95 403.95 372.05 0.834 times
29 Fri Apr 2022 396.00 404.90 406.00 392.00 0.906 times
28 Thu Apr 2022 402.55 390.10 406.00 381.60 1.16 times
27 Wed Apr 2022 399.45 390.10 404.75 390.05 1.076 times
26 Tue Apr 2022 400.15 390.00 410.00 381.60 1.298 times
25 Mon Apr 2022 389.80 399.00 399.00 377.00 1.978 times
22 Fri Apr 2022 392.50 390.00 398.95 390.00 0.352 times
21 Thu Apr 2022 399.70 395.60 400.00 390.00 1.174 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 390.7, but if it comes above 390.7, then a intra day buy could be more profitable.
If you take a sell trade below 390.7, then use 390.7 as stoploss and 384 as target. However if you take a buy trade in stock , then use 390.7 as stoploss and 396.23 as target.

Share price targets for Nirlon (Nirlon)

Target Type Value
Downside Target 343.20
Downside Target 372.05
Upside Target 406.00
Upside Target 409.80
Upside Target 410.00
Upside Target 414.85
Upside Target 418.00
Upside Target 420.10
Upside Target 426.50

Intraday share price targets for Nirlon (Nirlon)

Target Type Value
Downside Intraday Target 372.5
Downside Intraday Target 355.3
Upside Intraday Target 406.45
Upside Intraday Target 423.2
Downside Intraday Target 389.25

Weekly technical analysis of Nirlon (Nirlon)

Date Weekly Closing Price Open High Low Volume
05 Thu May 2022 389.70 403.95 406.00 372.05 0.329 times
29 Fri Apr 2022 396.00 399.00 410.00 377.00 1.824 times
22 Fri Apr 2022 392.50 409.80 409.80 382.55 1.724 times
13 Wed Apr 2022 405.55 400.75 410.00 381.25 0.636 times
08 Fri Apr 2022 392.85 400.00 418.00 382.00 0.428 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
05 Thu May 2022 389.70 403.95 406.00 372.05 0.134 times
29 Fri Apr 2022 396.00 411.00 418.00 377.00 0.933 times
31 Thu Mar 2022 410.30 363.80 414.85 346.05 0.445 times
28 Mon Feb 2022 372.80 372.15 420.10 343.20 2.865 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 8, 20, 41 Sell
MACD 3, 4Sell
Stochastics 58None
CCI -18Sell
RSI 57Buy
OBV -10207Sell
VWAP 397Sell
ADL 0Sell
ROC -1Sell
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 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 SELL. Signal strength is Strong and stock is losing 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 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 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 396.62 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.

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Daily charts

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Daily chart

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