(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 2022-05-16 View latest technical analysis
10 day averaged volume of Nirlon is 4691
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 367.80 | 388.45 | 388.45 | 365.00 | 0.596 times |
| 13 Fri May 2022 | 368.65 | 375.05 | 402.65 | 365.00 | 0.392 times |
| 12 Thu May 2022 | 375.30 | 380.55 | 387.45 | 360.25 | 4.103 times |
| 11 Wed May 2022 | 380.55 | 387.15 | 394.95 | 369.85 | 0.841 times |
| 10 Tue May 2022 | 387.80 | 402.75 | 402.75 | 385.05 | 0.197 times |
| 09 Mon May 2022 | 394.85 | 395.65 | 400.00 | 375.40 | 0.674 times |
| 06 Fri May 2022 | 395.70 | 378.75 | 396.00 | 378.75 | 0.264 times |
| 05 Thu May 2022 | 389.70 | 406.00 | 406.00 | 386.75 | 0.239 times |
| 04 Wed May 2022 | 395.90 | 401.00 | 401.00 | 386.05 | 1.256 times |
| 02 Mon May 2022 | 396.15 | 403.95 | 403.95 | 372.05 | 0.975 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 369.1, for a target of 380.8 or 390.46
Share price targets for Nirlon (Nirlon)
| Target Type | Value |
| Downside Target | 343.20 |
| Downside Target | 360.25 |
| 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 | 359.05 |
| Downside Intraday Target | 350.3 |
| Upside Intraday Target | 382.5 |
| Upside Intraday Target | 397.2 |
| Upside Intraday Target | 373.75 |
Weekly technical analysis of Nirlon (Nirlon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 367.80 | 388.45 | 388.45 | 365.00 | 0.096 times |
| 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 |
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 |
| 16 Mon May 2022 | 367.80 | 403.95 | 406.00 | 360.25 | 0.516 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 | 11, 18, 24 | Sell |
| MACD | -7, -2 | Sell |
| Stochastics | 23 | Sell |
| CCI | -115 | Sell |
| RSI | 58 | Buy |
| OBV | -37503 | Sell |
| VWAP | 382 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | 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 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 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 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 SELL signal for Nirlon in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 382.43 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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