(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 2023-02-02 View latest technical analysis
10 day averaged volume of Nirlon is 7537
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 363.00 | 350.10 | 364.35 | 350.05 | 1.732 times |
| 01 Wed Feb 2023 | 359.95 | 358.70 | 362.00 | 356.00 | 1.113 times |
| 31 Tue Jan 2023 | 356.85 | 358.00 | 358.50 | 350.00 | 0.107 times |
| 30 Mon Jan 2023 | 360.00 | 363.00 | 363.00 | 343.10 | 2.701 times |
| 27 Fri Jan 2023 | 362.70 | 358.90 | 364.00 | 355.00 | 0.833 times |
| 25 Wed Jan 2023 | 360.10 | 360.00 | 360.80 | 347.10 | 1.407 times |
| 24 Tue Jan 2023 | 360.25 | 349.95 | 361.00 | 347.00 | 0.958 times |
| 23 Mon Jan 2023 | 347.65 | 338.00 | 353.00 | 332.00 | 1.835 times |
| 20 Fri Jan 2023 | 338.15 | 335.05 | 339.70 | 335.00 | 0.604 times |
| 19 Thu Jan 2023 | 336.95 | 335.15 | 337.00 | 335.00 | 0.087 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 356.7, but if it comes below 356.7, then a intra day sell could be more profitable.
If you take a sell trade below 356.7, then use 356.7 as stoploss and 344.84 as target. However if you take a buy trade in stock , then use 356.7 as stoploss and 370.9 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 | 360.00 |
| Upside Target | 364.00 |
| Upside Target | 364.35 |
| Upside Target | 373.00 |
| Upside Target | 384.80 |
| Upside Target | 399.90 |
Intraday share price targets for Nirlon (Nirlon)
| Target Type | Value |
| Downside Intraday Target | 349.28 |
| Downside Intraday Target | 335.57 |
| Upside Intraday Target | 370.53 |
| Upside Intraday Target | 378.07 |
| Downside Intraday Target | 356.82 |
Weekly technical analysis of Nirlon (Nirlon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 363.00 | 363.00 | 364.35 | 343.10 | 1.123 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 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 |
| 02 Thu Feb 2023 | 363.00 | 358.70 | 364.35 | 350.05 | 0.206 times |
| 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 |
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 | 19, 21, 6 | Sell |
| MACD | 4, 0 | Buy |
| Stochastics | 87 | Buy |
| CCI | 63 | Sell |
| RSI | 54 | Buy |
| OBV | 21490 | Sell |
| VWAP | 357 | Buy |
| ADL | 0 | Sell |
| ROC | 8 | Buy |
| Force Index | 0 | Sell |
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 SELL. Signal strength is Weak and stock is losing 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 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 SELL signal for Nirlon in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 357.32 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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