Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

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

(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)

Target Type Value
Downside Target 343.20
Downside Target 360.25
Downside Target 372.05
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 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
MACD -3, 1Sell
Stochastics 35None
CCI -216Sell
RSI 56Buy
OBV -33694Sell
VWAP 388Sell
ADL 0Sell
ROC -6Sell
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 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.

Click here for Nirlon charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme