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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 2022-05-13 View latest technical analysis

10 day averaged volume of Nirlon is 5144

Date Daily Closing Price Open High Low Volume
13 Fri May 2022 368.65 375.05 402.65 365.00 0.357 times
12 Thu May 2022 375.30 380.55 387.45 360.25 3.742 times
11 Wed May 2022 380.55 387.15 394.95 369.85 0.767 times
10 Tue May 2022 387.80 402.75 402.75 385.05 0.179 times
09 Mon May 2022 394.85 395.65 400.00 375.40 0.615 times
06 Fri May 2022 395.70 378.75 396.00 378.75 0.24 times
05 Thu May 2022 389.70 406.00 406.00 386.75 0.218 times
04 Wed May 2022 395.90 401.00 401.00 386.05 1.145 times
02 Mon May 2022 396.15 403.95 403.95 372.05 0.89 times
29 Fri Apr 2022 396.00 404.90 406.00 392.00 0.967 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 373.1, for a target of 383.6 or 392.35

Share price targets for Nirlon (Nirlon)

Target Type Value
Downside Target 343.20
Downside Target 360.25
Upside 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 351.68
Downside Intraday Target 334.72
Upside Intraday Target 394.18
Upside Intraday Target 419.72
Upside Intraday Target 377.22

Weekly technical analysis of Nirlon (Nirlon)

Date Weekly Closing Price Open High Low Volume
13 Fri May 2022 368.65 395.65 402.75 360.25 2.27 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
13 Fri May 2022 368.65 403.95 406.00 360.25 0.484 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 13, 21, 24 Sell
MACD -5, -1Sell
Stochastics 27Sell
CCI -106Buy
RSI 56Buy
OBV -33838Sell
VWAP 385Sell
ADL 0Sell
ROC -8Sell
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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the sell signal is strong.

Nirlon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Nirlon in short term but BUY signal is weak.

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 384.74 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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