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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 2022-05-17 View latest technical analysis

10 day averaged volume of Nirlon is 4474

Date Daily Closing Price Open High Low Volume
17 Tue May 2022 372.60 381.00 382.40 367.00 0.402 times
16 Mon May 2022 367.80 388.45 388.45 365.00 0.625 times
13 Fri May 2022 368.65 375.05 402.65 365.00 0.411 times
12 Thu May 2022 375.30 380.55 387.45 360.25 4.302 times
11 Wed May 2022 380.55 387.15 394.95 369.85 0.881 times
10 Tue May 2022 387.80 402.75 402.75 385.05 0.206 times
09 Mon May 2022 394.85 395.65 400.00 375.40 0.707 times
06 Fri May 2022 395.70 378.75 396.00 378.75 0.276 times
05 Thu May 2022 389.70 406.00 406.00 386.75 0.251 times
04 Wed May 2022 395.90 401.00 401.00 386.05 1.316 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 379, but if it comes above 379, then a intra day buy could be more profitable.
If you take a sell trade below 379, then use 379 as stoploss and 366.5 as target. However if you take a buy trade in stock , then use 379 as stoploss and 389.5 as target.

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 362.25
Downside Intraday Target 351.9
Upside Intraday Target 385.7
Upside Intraday Target 398.8
Upside Intraday Target 375.35

Weekly technical analysis of Nirlon (Nirlon)

Date Weekly Closing Price Open High Low Volume
17 Tue May 2022 372.60 388.45 388.45 365.00 0.158 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 up 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
17 Tue May 2022 372.60 403.95 406.00 360.25 0.537 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 10, 17, 24 Sell
MACD -8, -4Sell
Stochastics 21Sell
CCI -88Buy
RSI 57Buy
OBV -44345Sell
VWAP 381Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Nirlon ( (Nirlon) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 moving up

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 380.51 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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