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

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

Showing technical analysis as on 2024-08-22 View latest technical analysis

10 day averaged volume of Niraj Cement is 16597

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	45.75	46.96	47.32	45.41	0.115 times
21 Wed Aug 2024	46.39	44.00	47.35	44.00	1.136 times
20 Tue Aug 2024	44.00	44.50	44.65	43.73	0.136 times
19 Mon Aug 2024	44.20	42.50	44.90	42.50	0.858 times
16 Fri Aug 2024	42.84	43.01	44.03	42.30	0.932 times
14 Wed Aug 2024	42.76	45.00	45.25	42.50	3.301 times
13 Tue Aug 2024	46.96	50.40	50.40	46.45	0.312 times
12 Mon Aug 2024	48.57	50.74	52.00	48.20	1.555 times
09 Fri Aug 2024	50.74	50.30	51.00	48.53	0.835 times
08 Thu Aug 2024	49.31	50.10	51.72	48.99	0.427 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 45.1 as stoploss in an intra day buy trade for a target of 47.62. However, stock will show a bearish move below 45.1.

Share price targets for Niraj Cement (NirajCement)

Target Type	Value
Downside Target	37.00
Downside Target	39.26
Downside Target	40.72
Downside Target	42.30
Downside Target	43.50
Upside Target	46.32
Upside Target	47.35
Upside Target	50.20
Upside Target	51.90
Upside Target	52.00
Upside Target	52.05
Upside Target	55.00
Upside Target	55.84

Intraday share price targets for Niraj Cement (NirajCement)

Target Type	Value
Downside Intraday Target	43.05
Downside Intraday Target	40.35
Upside Intraday Target	47.9
Upside Intraday Target	50.05
Downside Intraday Target	45.2

Weekly technical analysis of Niraj Cement (NirajCement)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	45.75	42.50	47.35	42.50	0.368 times
16 Fri Aug 2024	42.84	50.74	52.00	42.30	2.783 times
09 Fri Aug 2024	50.74	49.00	51.72	46.32	1.847 times
02 Fri Aug 2024	50.66	51.85	52.05	48.00	0.931 times
26 Fri Jul 2024	49.40	43.50	50.20	43.50	0.596 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 Niraj Cement (NirajCement)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	45.75	49.45	52.05	42.30	0.971 times
31 Wed Jul 2024	50.46	52.60	55.00	43.50	0.708 times
28 Fri Jun 2024	52.63	46.58	55.84	40.72	0.799 times
31 Fri May 2024	44.56	44.00	50.84	39.26	1.67 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 Niraj Cement (NirajCement)

Price action analysis of Niraj Cement ( (NirajCement) ) 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 Niraj Cement ( (NirajCement) ) 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 Niraj Cement ( (NirajCement) ) 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 Niraj Cement ( (NirajCement) ) 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 Niraj Cement stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Niraj Cement in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Niraj Cement Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a buy signal for Niraj Cement 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 Niraj Cement is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 45.44 and Niraj Cement (NirajCement) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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

Niraj Cement 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.