(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 2022-05-12 View latest technical analysis
10 day averaged volume of Nirlon is 3810
|Date||Daily Closing Price||Open||High||Low||Volume|
|12 Thu May 2022||375.30||380.55||387.45||360.25||5.052 times|
|11 Wed May 2022||380.55||387.15||394.95||369.85||1.035 times|
|10 Tue May 2022||387.80||402.75||402.75||385.05||0.242 times|
|09 Mon May 2022||394.85||395.65||400.00||375.40||0.83 times|
|06 Fri May 2022||395.70||378.75||396.00||378.75||0.325 times|
|05 Thu May 2022||389.70||406.00||406.00||386.75||0.294 times|
|04 Wed May 2022||395.90||401.00||401.00||386.05||1.546 times|
|02 Mon May 2022||396.15||403.95||403.95||372.05||1.201 times|
|29 Fri Apr 2022||396.00||404.90||406.00||392.00||1.305 times|
|28 Thu Apr 2022||402.55||390.10||406.00||381.60||1.671 times|
Stock of Nirlon (Nirlon) has showed a significant fall. This could be a good time to exit from this stock.
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 378.3, for a target of 386.5 or 393.42
Share price targets for Nirlon (Nirlon)
Intraday share price targets for Nirlon (Nirlon)
|Downside Intraday Target||356.12|
|Downside Intraday Target||336.93|
|Upside Intraday Target||398.62|
|Upside Intraday Target||421.93|
|Upside Intraday Target||379.43|
Weekly technical analysis of Nirlon (Nirlon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|12 Thu May 2022||375.30||395.65||402.75||360.25||2.127 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Nirlon (Nirlon)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|12 Thu May 2022||375.30||403.95||406.00||360.25||0.463 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||7, 25, 56||Sell|
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 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 to mid 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 mid to longer 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.
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 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 387.52 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.