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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 2024-05-16 View latest technical analysis

10 day averaged volume of Nirlon is 24727

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 429.35 437.00 437.00 425.00 1.042 times
15 Wed May 2024 433.20 438.95 438.95 430.25 1.441 times
14 Tue May 2024 435.10 434.10 439.95 433.10 0.934 times
13 Mon May 2024 433.80 450.00 450.00 432.05 0.475 times
10 Fri May 2024 436.95 441.00 445.90 436.05 0.216 times
09 Thu May 2024 440.85 445.80 450.00 437.05 0.527 times
08 Wed May 2024 440.65 448.90 449.00 439.95 0.377 times
07 Tue May 2024 443.85 455.00 458.80 440.55 0.506 times
06 Mon May 2024 447.35 468.70 468.70 442.00 0.78 times
03 Fri May 2024 450.10 469.00 475.00 448.05 1.523 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 429.5, but if it comes above 429.5, then a intra day buy could be more profitable.
If you take a sell trade below 429.5, then use 429.5 as stoploss and 420 as target. However if you take a buy trade in stock , then use 429.5 as stoploss and 437.35 as target.

Share price targets for Nirlon (Nirlon)

Target Type Value
Downside Target 401.80
Downside Target 411.00
Upside Target 438.40
Upside Target 449.00
Upside Target 450.00
Upside Target 452.90
Upside Target 460.00
Upside Target 468.70
Upside Target 472.00
Upside Target 475.00

Intraday share price targets for Nirlon (Nirlon)

Target Type Value
Downside Intraday Target 419.57
Downside Intraday Target 409.78
Upside Intraday Target 444.57
Upside Intraday Target 459.78
Upside Intraday Target 434.78

Weekly technical analysis of Nirlon (Nirlon)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 429.35 450.00 450.00 425.00 1.618 times
10 Fri May 2024 436.95 468.70 468.70 436.05 0.017 times
03 Fri May 2024 450.10 437.30 475.00 431.65 77.762 times
26 Fri Apr 2024 434.75 432.05 438.40 429.15 0.268 times
19 Fri Apr 2024 430.85 445.00 452.90 422.55 0.162 times

Price has moved down 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
16 Thu May 2024 429.35 453.80 475.00 425.00 0.057 times
30 Tue Apr 2024 441.50 432.95 460.00 422.55 1.901 times
28 Thu Mar 2024 426.50 439.55 449.00 411.00 3.173 times
29 Thu Feb 2024 439.55 419.50 472.00 416.20 5.34 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Nirlon ( (Nirlon) ) based on a short 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.

Price action analysis of Nirlon ( (Nirlon) ) based on a short 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.

Price action analysis of Nirlon ( (Nirlon) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nirlon ( (Nirlon) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Nirlon stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Nirlon in short term but the sell signal is initial and weak.

Nirlon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Nirlon in short term and SELL 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 439.32 and Nirlon (Nirlon) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Nirlon (Nirlon) stock. Volume based technical analysis of Nirlon (Nirlon) stock is negative.

Nirlon Stock has given negative 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.

Price action analysis of Nirlon ( (Nirlon) ) based on a short 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.

Price action analysis of Nirlon ( (Nirlon) ) based on a short 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.

Price action analysis of Nirlon ( (Nirlon) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nirlon ( (Nirlon) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Nirlon stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Nirlon in short term but the sell signal is initial and weak.

Nirlon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Nirlon in short term and SELL 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 439.32 and Nirlon (Nirlon) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Nirlon (Nirlon) stock. Volume based technical analysis of Nirlon (Nirlon) stock is negative.

Nirlon Stock has given negative 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.

Click here for Nirlon charts

Click here for further forecast and predictions for tomorrow

Daily charts

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