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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 2022-05-11 View latest technical analysis

10 day averaged volume of Nirlon is 4128

Date Daily Closing Price Open High Low Volume
11 Wed May 2022 380.55 387.15 394.95 369.85 0.955 times
10 Tue May 2022 387.80 402.75 402.75 385.05 0.223 times
09 Mon May 2022 394.85 395.65 400.00 375.40 0.766 times
06 Fri May 2022 395.70 378.75 396.00 378.75 0.3 times
05 Thu May 2022 389.70 406.00 406.00 386.75 0.272 times
04 Wed May 2022 395.90 401.00 401.00 386.05 1.427 times
02 Mon May 2022 396.15 403.95 403.95 372.05 1.109 times
29 Fri Apr 2022 396.00 404.90 406.00 392.00 1.205 times
28 Thu Apr 2022 402.55 390.10 406.00 381.60 1.542 times
27 Wed Apr 2022 399.45 390.10 404.75 390.05 1.431 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 381.6, for a target of 388.4 or 394.06

Share price targets for Nirlon (Nirlon)

Target Type Value
Downside Target 343.20
Downside Target 369.85
Upside Target 402.75
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 366.02
Downside Intraday Target 351.48
Upside Intraday Target 398.92
Upside Intraday Target 417.28
Upside Intraday Target 384.38

Weekly technical analysis of Nirlon (Nirlon)

Date Weekly Closing Price Open High Low Volume
11 Wed May 2022 380.55 395.65 402.75 369.85 0.626 times
06 Fri May 2022 395.70 403.95 406.00 372.05 0.364 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

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 Wed May 2022 380.55 403.95 406.00 369.85 0.241 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, 23, 48 Sell
MACD -0, 2Sell
Stochastics 44None
CCI -196Sell
RSI 57Buy
OBV -16525Sell
VWAP 396Sell
ADL 0Sell
ROC -5Sell
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nirlon ( (Nirlon) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nirlon ( (Nirlon) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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 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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 395.54 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

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Daily chart

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