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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)

10 day averaged volume of Nirlon is 8577

Date Daily Closing Price Open High Low Volume
03 Fri Feb 2023 360.00 370.95 370.95 355.05 0.239 times
02 Thu Feb 2023 363.00 350.10 364.35 350.05 1.522 times
01 Wed Feb 2023 359.95 358.70 362.00 356.00 0.978 times
31 Tue Jan 2023 356.85 358.00 358.50 350.00 0.094 times
30 Mon Jan 2023 360.00 363.00 363.00 343.10 2.374 times
27 Fri Jan 2023 362.70 358.90 364.00 355.00 0.732 times
25 Wed Jan 2023 360.10 360.00 360.80 347.10 1.237 times
24 Tue Jan 2023 360.25 349.95 361.00 347.00 0.842 times
23 Mon Jan 2023 347.65 338.00 353.00 332.00 1.613 times
20 Fri Jan 2023 338.15 335.05 339.70 335.00 0.531 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 358.1, but if it comes below 358.1, then a intra day sell could be more profitable.
If you take a sell trade below 358.1, then use 358.1 as stoploss and 346.25 as target. However if you take a buy trade in stock , then use 358.1 as stoploss and 372.4 as target.

Share price targets for Nirlon (Nirlon)

Target Type Value
Downside Target 301.10
Downside Target 316.45
Downside Target 331.05
Downside Target 360.00
Upside Target 364.00
Upside Target 370.95
Upside Target 373.00
Upside Target 384.80
Upside Target 399.90

Intraday share price targets for Nirlon (Nirlon)

Target Type Value
Downside Intraday Target 345.08
Downside Intraday Target 330.17
Upside Intraday Target 372.93
Upside Intraday Target 385.87
Downside Intraday Target 358.02

Weekly technical analysis of Nirlon (Nirlon)

Date Weekly Closing Price Open High Low Volume
03 Fri Feb 2023 360.00 363.00 370.95 343.10 1.177 times
27 Fri Jan 2023 362.70 338.00 364.00 332.00 2.984 times
20 Fri Jan 2023 338.15 337.00 339.70 334.05 1.182 times
13 Fri Jan 2023 335.25 336.00 341.00 331.05 0.502 times
06 Fri Jan 2023 335.35 316.75 345.00 316.45 0.164 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
03 Fri Feb 2023 360.00 358.70 370.95 350.05 0.226 times
31 Tue Jan 2023 356.85 316.75 364.00 316.45 0.543 times
30 Fri Dec 2022 310.90 370.15 373.00 301.10 2.387 times
30 Wed Nov 2022 370.10 370.00 399.90 360.00 2.174 times

Scroll below to view daily charts

Price has moved up 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 22, 18, 10 Buy
MACD 5, 1Buy
Stochastics 85Buy
CCI 91Buy
RSI 54Buy
OBV 20350Sell
VWAP 358Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Nirlon ( (Nirlon) ) based on a short 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.

Price action analysis of Nirlon ( (Nirlon) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Nirlon ( (Nirlon) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Nirlon ( (Nirlon) ) based on a mid to longer 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.

ADX buy sell signal for Nirlon stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Nirlon in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nirlon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Nirlon in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 357.54 and Nirlon (Nirlon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Nirlon (Nirlon) stock. Volume based technical analysis of Nirlon (Nirlon) stock is negative.

Nirlon Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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

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

Daily chart

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