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(Newinfra) Newinfra complete technical analysis [charts+indicators] | Buy/Sell Newinfra | (Newinfra) share price targets

Complete technical analysis of Newinfra (Newinfra) by charts plus indicators, forecast predictions and share price targets for Newinfra (Newinfra)

10 day averaged volume of Newinfra is 44256

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon May 2023	9.66	9.66	9.66	8.90	0.089 times
26 Fri May 2023	9.20	9.75	9.84	8.93	0.277 times
25 Thu May 2023	9.40	10.27	10.27	9.34	0.023 times
24 Wed May 2023	9.83	10.37	10.37	9.44	0.451 times
23 Tue May 2023	9.93	9.93	10.92	9.93	0.516 times
22 Mon May 2023	10.45	10.98	10.98	10.45	0.076 times
19 Fri May 2023	11.00	12.12	12.12	10.98	3.529 times
18 Thu May 2023	11.55	10.99	11.55	10.99	4.879 times
17 Wed May 2023	11.00	10.46	11.53	10.46	0.149 times
16 Tue May 2023	10.99	11.54	11.54	10.99	0.032 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10, but if it comes above 10, then a intra day buy could be more profitable.
If you take a sell trade below 10, then use 10 as stoploss and 9 as target. However if you take a buy trade in stock , then use 10 as stoploss and 10.81 as target.

Share price targets for Newinfra (Newinfra)

Target Type	Value
Downside Target	8.90
Downside Target	9.66
Upside Target	10.00
Upside Target	10.84
Upside Target	11.76
Upside Target	12.09
Upside Target	12.56
Upside Target	12.69
Upside Target	17.95
Upside Target	22.70
Upside Target	23.55
Upside Target	25.95
Upside Target	40.25

Intraday share price targets for Newinfra (Newinfra)

Target Type	Value
Downside Intraday Target	9.15
Downside Intraday Target	8.65
Upside Intraday Target	9.91
Upside Intraday Target	10.17
Downside Intraday Target	9.41

Weekly technical analysis of Newinfra (Newinfra)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon May 2023	9.66	9.66	9.66	8.90	0.066 times
26 Fri May 2023	9.20	10.98	10.98	8.93	0.155 times
19 Fri May 2023	11.00	11.02	12.12	10.00	18.826 times
12 Fri May 2023	10.50	11.76	11.76	10.15	3.35 times
05 Fri May 2023	11.76	11.94	12.56	10.98	2.556 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 Newinfra (Newinfra)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon May 2023	9.66	11.94	12.56	8.90	4.183 times
28 Fri Apr 2023	11.94	12.09	12.69	10.84	0.018 times
31 Fri Mar 2023	12.09	21.90	23.55	12.09	13.348 times
28 Tue Feb 2023	21.90	24.85	25.95	17.95	1.714 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Newinfra (Newinfra)

Price action analysis of Newinfra ( (Newinfra) ) 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 Newinfra ( (Newinfra) ) based on a short to mid 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 Newinfra ( (Newinfra) ) 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 Newinfra stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Newinfra 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.

Newinfra 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Newinfra in short term but BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Newinfra is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.09 and Newinfra (Newinfra) 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 Newinfra (Newinfra) stock. Volume based technical analysis of Newinfra (Newinfra) stock is negative.

Newinfra Stock has given negative 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.