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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 2023-01-16 View latest technical analysis

10 day averaged volume of Nirlon is 3219

Date Daily Closing Price Open High Low Volume
16 Mon Jan 2023 335.40 337.00 338.80 334.30 0.947 times
13 Fri Jan 2023 335.25 335.00 337.80 335.00 0.335 times
12 Thu Jan 2023 334.25 334.50 336.00 334.10 0.358 times
11 Wed Jan 2023 334.45 336.00 338.00 334.05 0.463 times
10 Tue Jan 2023 335.80 338.80 341.00 335.00 1.301 times
09 Mon Jan 2023 338.55 336.00 339.20 331.05 0.887 times
06 Fri Jan 2023 335.35 340.00 340.00 334.00 0.544 times
05 Thu Jan 2023 331.85 336.60 338.00 330.55 0.804 times
04 Wed Jan 2023 336.60 343.50 345.00 332.75 0.282 times
03 Tue Jan 2023 340.85 341.00 344.40 338.05 0.896 times

My analysis of stock is bearish for shortterm, and stock might move down till 329.6 or till 316.9. Use a stoploss of 340.15 and if the stock hits stoploss, then it can shoot up till 350.7

Share price targets for Nirlon (Nirlon)

Target Type Value
Downside Target 301.10
Downside Target 316.45
Downside Target 331.05
Upside Target 354.15
Upside Target 355.00
Upside Target 360.00
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 333.53
Downside Intraday Target 331.67
Upside Intraday Target 338.03
Upside Intraday Target 340.67
Upside Intraday Target 336.17

Weekly technical analysis of Nirlon (Nirlon)

Date Weekly Closing Price Open High Low Volume
16 Mon Jan 2023 335.40 337.00 338.80 334.30 0.283 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
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

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
16 Mon Jan 2023 335.40 316.75 345.00 316.45 0.184 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 9, 30, 52 Sell
MACD -13, -14Buy
Stochastics 58None
CCI -17Buy
RSI 44Sell
OBV -127027Sell
VWAP 336Sell
ADL 0Sell
ROC -1Sell
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 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 losing 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 tired and bears are picking up momentum.

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 SELL signal in short term and selling is picking up 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 336.1 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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Daily charts

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Daily chart

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