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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 2024-10-17 View latest technical analysis

10 day averaged volume of Niraj Cement is 3491

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	60.37	62.00	62.00	60.20	3.357 times
16 Wed Oct 2024	63.00	64.74	64.74	61.52	1.513 times
15 Tue Oct 2024	64.74	62.00	65.00	60.93	2.111 times
14 Mon Oct 2024	62.17	63.60	65.40	61.78	0.338 times
11 Fri Oct 2024	63.50	65.00	65.00	63.00	1.029 times
10 Thu Oct 2024	65.00	65.79	65.80	64.99	0.361 times
09 Wed Oct 2024	62.67	60.43	64.00	60.43	0.365 times
08 Tue Oct 2024	61.97	59.90	63.74	58.75	0.788 times
07 Mon Oct 2024	61.03	65.40	65.89	60.50	1.057 times
03 Thu Oct 2024	63.00	62.90	63.00	62.00	0.754 times

Stock of Niraj Cement (NirajCement) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 61.8, but if it comes above 61.8, then a intra day buy could be more profitable.
If you take a sell trade below 61.8, then use 61.8 as stoploss and 58.9 as target. However if you take a buy trade in stock , then use 61.8 as stoploss and 64.32 as target.

Share price targets for Niraj Cement (NirajCement)

Target Type	Value
Downside Target	40.72
Downside Target	42.00
Downside Target	43.50
Downside Target	49.50
Downside Target	55.00
Downside Target	58.75
Downside Target	60.20
Upside Target	61.51
Upside Target	63.10
Upside Target	64.61
Upside Target	65.89
Upside Target	68.43
Upside Target	73.00
Upside Target	74.95

Intraday share price targets for Niraj Cement (NirajCement)

Target Type	Value
Downside Intraday Target	58.58
Downside Intraday Target	56.79
Upside Intraday Target	63.78
Upside Intraday Target	67.19
Upside Intraday Target	61.99

Weekly technical analysis of Niraj Cement (NirajCement)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	60.37	63.60	65.40	60.20	2.034 times
11 Fri Oct 2024	63.50	65.40	65.89	58.75	0.843 times
03 Thu Oct 2024	63.00	65.75	65.80	61.51	0.224 times
27 Fri Sep 2024	64.60	68.00	68.43	63.10	0.439 times
20 Fri Sep 2024	67.95	72.85	73.00	64.61	0.079 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 Niraj Cement (NirajCement)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	60.37	64.03	65.89	58.75	0.02 times
30 Mon Sep 2024	62.77	53.50	74.95	49.50	5.472 times
30 Fri Aug 2024	51.46	49.45	56.00	42.00	2.274 times
31 Wed Jul 2024	50.46	52.60	55.00	43.50	0.708 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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Niraj Cement stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

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. Bulls are getting tired and bears 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 Niraj Cement in short term and SELL signal is strong!

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 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 62.38 and Niraj Cement (NirajCement) 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.