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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 2023-01-12 View latest technical analysis

10 day averaged volume of Nirlon is 15325

Date Daily Closing Price Open High Low Volume
12 Thu Jan 2023 334.25 334.50 336.00 334.10 0.075 times
11 Wed Jan 2023 334.45 336.00 338.00 334.05 0.097 times
10 Tue Jan 2023 335.80 338.80 341.00 335.00 0.273 times
09 Mon Jan 2023 338.55 336.00 339.20 331.05 0.186 times
06 Fri Jan 2023 335.35 340.00 340.00 334.00 0.114 times
05 Thu Jan 2023 331.85 336.60 338.00 330.55 0.169 times
04 Wed Jan 2023 336.60 343.50 345.00 332.75 0.059 times
03 Tue Jan 2023 340.85 341.00 344.40 338.05 0.188 times
02 Mon Jan 2023 338.90 316.75 341.00 316.45 0.867 times
30 Fri Dec 2022 310.90 331.00 340.05 301.10 5.566 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 330.7 as stoploss in an intra day buy trade for a target of 342.58. However, stock will show a bearish move below 330.7.

Share price targets for Nirlon (Nirlon)

Target Type Value
Downside Target 301.10
Downside Target 316.45
Downside Target 331.05
Upside Target 341.00
Upside Target 354.15
Upside Target 360.20
Upside Target 366.25
Upside Target 373.00
Upside Target 384.80
Upside Target 397.95
Upside Target 399.90

Intraday share price targets for Nirlon (Nirlon)

Target Type Value
Downside Intraday Target 329.87
Downside Intraday Target 325.48
Upside Intraday Target 339.82
Upside Intraday Target 345.38
Upside Intraday Target 335.43

Weekly technical analysis of Nirlon (Nirlon)

Date Weekly Closing Price Open High Low Volume
12 Thu Jan 2023 334.25 336.00 341.00 331.05 0.452 times
06 Fri Jan 2023 335.35 316.75 345.00 316.45 0.164 times
30 Fri Dec 2022 310.90 347.15 355.00 301.10 6.993 times
23 Fri Dec 2022 350.20 363.90 366.25 346.00 1.445 times
16 Fri Dec 2022 360.60 370.10 373.00 360.20 0.573 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
12 Thu Jan 2023 334.25 316.75 345.00 316.45 0.162 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
31 Mon Oct 2022 370.40 370.50 384.80 345.10 0.477 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 7, 33, 65 Sell
MACD -14, -14Buy
Stochastics 68None
CCI 9Sell
RSI 49Sell
OBV -136292Sell
VWAP 318Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nirlon in short term but the buy signal is initial and weak.

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

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Nirlon in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 317.98 and Nirlon (Nirlon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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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Daily charts

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Daily chart

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