(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 2023-01-24 View latest technical analysis
10 day averaged volume of Nirlon is 3446
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 360.25 | 349.95 | 361.00 | 347.00 | 2.096 times |
| 23 Mon Jan 2023 | 347.65 | 338.00 | 353.00 | 332.00 | 4.014 times |
| 20 Fri Jan 2023 | 338.15 | 335.05 | 339.70 | 335.00 | 1.322 times |
| 19 Thu Jan 2023 | 336.95 | 335.15 | 337.00 | 335.00 | 0.191 times |
| 18 Wed Jan 2023 | 335.20 | 335.50 | 338.65 | 334.05 | 0.771 times |
| 17 Tue Jan 2023 | 335.10 | 338.00 | 338.00 | 334.05 | 0.521 times |
| 16 Mon Jan 2023 | 335.40 | 337.00 | 338.80 | 334.30 | 0.885 times |
| 13 Fri Jan 2023 | 335.25 | 335.00 | 337.80 | 335.00 | 0.313 times |
| 12 Thu Jan 2023 | 334.25 | 334.50 | 336.00 | 334.10 | 0.335 times |
| 11 Wed Jan 2023 | 334.45 | 336.00 | 338.00 | 334.05 | 0.432 times |
Stock of Nirlon (Nirlon) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 357.4, for a target of 346.4 or 337.2
Share price targets for Nirlon (Nirlon)
| Target Type | Value |
| Downside Target | 301.10 |
| Downside Target | 316.45 |
| Downside Target | 331.05 |
| Downside Target | 354.15 |
| Downside Target | 355.00 |
| Downside Target | 360.00 |
| Upside Target | 361.00 |
| 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 | 341.17 |
| Downside Intraday Target | 322.08 |
| Upside Intraday Target | 370.17 |
| Upside Intraday Target | 380.08 |
| Downside Intraday Target | 351.08 |
Weekly technical analysis of Nirlon (Nirlon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 360.25 | 338.00 | 361.00 | 332.00 | 1.656 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 |
| 30 Fri Dec 2022 | 310.90 | 347.15 | 355.00 | 301.10 | 6.993 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Nirlon (Nirlon)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 360.25 | 316.75 | 361.00 | 316.45 | 0.344 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 | 30, 16, 32 | Buy |
| MACD | -5, -10 | Buy |
| Stochastics | 81 | Buy |
| CCI | 254 | Buy |
| RSI | 53 | Buy |
| OBV | -81585 | Sell |
| VWAP | 345 | Buy |
| ADL | 0 | Sell |
| ROC | 7 | Buy |
| Force Index | 0 | Sell |
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 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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 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 344.96 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.
Click here for further forecast and predictions for tomorrow