(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 2023-02-03 View latest technical analysis
10 day averaged volume of Nirlon is 8577
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 360.00 | 370.95 | 370.95 | 355.05 | 0.239 times |
| 02 Thu Feb 2023 | 363.00 | 350.10 | 364.35 | 350.05 | 1.522 times |
| 01 Wed Feb 2023 | 359.95 | 358.70 | 362.00 | 356.00 | 0.978 times |
| 31 Tue Jan 2023 | 356.85 | 358.00 | 358.50 | 350.00 | 0.094 times |
| 30 Mon Jan 2023 | 360.00 | 363.00 | 363.00 | 343.10 | 2.374 times |
| 27 Fri Jan 2023 | 362.70 | 358.90 | 364.00 | 355.00 | 0.732 times |
| 25 Wed Jan 2023 | 360.10 | 360.00 | 360.80 | 347.10 | 1.237 times |
| 24 Tue Jan 2023 | 360.25 | 349.95 | 361.00 | 347.00 | 0.842 times |
| 23 Mon Jan 2023 | 347.65 | 338.00 | 353.00 | 332.00 | 1.613 times |
| 20 Fri Jan 2023 | 338.15 | 335.05 | 339.70 | 335.00 | 0.531 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 358.1, but if it comes below 358.1, then a intra day sell could be more profitable.
If you take a sell trade below 358.1, then use 358.1 as stoploss and 346.25 as target. However if you take a buy trade in stock , then use 358.1 as stoploss and 372.4 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 | 370.95 |
| 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 | 345.08 |
| Downside Intraday Target | 330.17 |
| Upside Intraday Target | 372.93 |
| Upside Intraday Target | 385.87 |
| Downside Intraday Target | 358.02 |
Weekly technical analysis of Nirlon (Nirlon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 360.00 | 363.00 | 370.95 | 343.10 | 1.177 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 |
| 03 Fri Feb 2023 | 360.00 | 358.70 | 370.95 | 350.05 | 0.226 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 | 22, 18, 10 | Buy |
| MACD | 5, 1 | Buy |
| Stochastics | 85 | Buy |
| CCI | 91 | Buy |
| RSI | 54 | Buy |
| OBV | 20350 | Sell |
| VWAP | 358 | 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 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 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 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 357.54 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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