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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 2023-01-31 View latest technical analysis

10 day averaged volume of Nirlon is 7102

Date Daily Closing Price Open High Low Volume
31 Tue Jan 2023 356.85 358.00 358.50 350.00 0.114 times
30 Mon Jan 2023 360.00 363.00 363.00 343.10 2.867 times
27 Fri Jan 2023 362.70 358.90 364.00 355.00 0.885 times
25 Wed Jan 2023 360.10 360.00 360.80 347.10 1.494 times
24 Tue Jan 2023 360.25 349.95 361.00 347.00 1.017 times
23 Mon Jan 2023 347.65 338.00 353.00 332.00 1.947 times
20 Fri Jan 2023 338.15 335.05 339.70 335.00 0.642 times
19 Thu Jan 2023 336.95 335.15 337.00 335.00 0.093 times
18 Wed Jan 2023 335.20 335.50 338.65 334.05 0.374 times
17 Tue Jan 2023 335.10 338.00 338.00 334.05 0.253 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 353.1, but if it comes below 353.1, then a intra day sell could be more profitable.
If you take a sell trade below 353.1, then use 353.1 as stoploss and 342.57 as target. However if you take a buy trade in stock , then use 353.1 as stoploss and 365.8 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 354.15
Upside Target 360.00
Upside Target 363.00
Upside Target 364.00
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 345.63
Downside Intraday Target 334.42
Upside Intraday Target 365.53
Upside Intraday Target 374.22
Downside Intraday Target 354.32

Weekly technical analysis of Nirlon (Nirlon)

Date Weekly Closing Price Open High Low Volume
31 Tue Jan 2023 356.85 363.00 363.00 343.10 0.558 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
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
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 20, 19, 1 Buy
MACD 2, -3Buy
Stochastics 87Buy
CCI 56Sell
RSI 55Buy
OBV 16224Sell
VWAP 354Buy
ADL 0Sell
ROC 6Buy
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 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 SELL signal for Nirlon in short term but SELL signal is weak.

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

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 354.49 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 Nirlon charts

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Daily charts

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Daily chart

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