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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 2023-01-19 View latest technical analysis

10 day averaged volume of Nirlon is 2260

Date Daily Closing Price Open High Low Volume
19 Thu Jan 2023 336.95 335.15 337.00 335.00 0.292 times
18 Wed Jan 2023 335.20 335.50 338.65 334.05 1.175 times
17 Tue Jan 2023 335.10 338.00 338.00 334.05 0.795 times
16 Mon Jan 2023 335.40 337.00 338.80 334.30 1.35 times
13 Fri Jan 2023 335.25 335.00 337.80 335.00 0.477 times
12 Thu Jan 2023 334.25 334.50 336.00 334.10 0.51 times
11 Wed Jan 2023 334.45 336.00 338.00 334.05 0.659 times
10 Tue Jan 2023 335.80 338.80 341.00 335.00 1.853 times
09 Mon Jan 2023 338.55 336.00 339.20 331.05 1.263 times
06 Fri Jan 2023 335.35 340.00 340.00 334.00 0.774 times

My analysis of stock is bearish for shortterm, and stock might move down till 328.5 or till 317.5. Use a stoploss of 337.6 and if the stock hits stoploss, then it can shoot up till 346.72

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 334.4
Downside Intraday Target 331.85
Upside Intraday Target 339.15
Upside Intraday Target 341.35
Downside Intraday Target 336.6

Weekly technical analysis of Nirlon (Nirlon)

Date Weekly Closing Price Open High Low Volume
19 Thu Jan 2023 336.95 337.00 338.80 334.05 0.758 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
19 Thu Jan 2023 336.95 316.75 345.00 316.45 0.211 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, 26, 49 Sell
MACD -11, -13Buy
Stochastics 45None
CCI 40Buy
RSI 43Sell
OBV -113771Sell
VWAP 336Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Nirlon ( (Nirlon) ) based on a short term time period is

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 to mid 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 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. Bears are weakening, and bulls 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 and BUY signal is strong.

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

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 335.77 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 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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