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

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

Showing technical analysis as on 2024-10-16 View latest technical analysis

10 day averaged volume of Narmada is 15332

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	16.22	16.80	17.92	16.22	2.567 times
15 Tue Oct 2024	17.07	16.90	17.49	16.31	1.305 times
14 Mon Oct 2024	16.70	16.29	16.81	16.29	0.24 times
11 Fri Oct 2024	16.44	16.66	16.75	16.29	0.058 times
10 Thu Oct 2024	16.45	17.10	17.30	16.15	0.61 times
09 Wed Oct 2024	16.94	17.50	17.93	16.90	2.131 times
08 Tue Oct 2024	17.12	16.73	17.29	16.22	0.372 times
07 Mon Oct 2024	17.07	18.38	18.38	17.00	0.124 times
03 Thu Oct 2024	17.31	18.30	18.30	17.20	0.978 times
01 Tue Oct 2024	17.93	18.49	18.49	17.60	0.85 times

Stock of Narmada (Narmada) 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 16.8, but if it comes above 16.8, then a intra day buy could be more profitable.
If you take a sell trade below 16.8, then use 16.8 as stoploss and 15.6 as target. However if you take a buy trade in stock , then use 16.8 as stoploss and 17.89 as target.

Share price targets for Narmada (Narmada)

Target Type	Value
Downside Target	16.15
Upside Target	17.20
Upside Target	17.60
Upside Target	18.38
Upside Target	19.31
Upside Target	19.89
Upside Target	20.39
Upside Target	20.89
Upside Target	22.01
Upside Target	24.40
Upside Target	24.76
Upside Target	26.13

Intraday share price targets for Narmada (Narmada)

Target Type	Value
Downside Intraday Target	15.65
Downside Intraday Target	15.09
Upside Intraday Target	17.35
Upside Intraday Target	18.49
Upside Intraday Target	16.79

Weekly technical analysis of Narmada (Narmada)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	16.22	16.29	17.92	16.22	1.248 times
11 Fri Oct 2024	16.44	18.38	18.38	16.15	0.639 times
03 Thu Oct 2024	17.31	18.80	19.37	17.20	1.998 times
27 Fri Sep 2024	18.45	19.81	19.89	18.00	0.318 times
20 Fri Sep 2024	18.96	18.50	20.89	18.50	0.551 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 Narmada (Narmada)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	16.22	18.49	18.49	16.15	0.281 times
30 Mon Sep 2024	18.52	24.25	24.76	17.60	2.025 times
30 Fri Aug 2024	23.95	21.35	24.40	19.31	1.143 times
31 Wed Jul 2024	21.35	22.00	26.13	20.39	2.243 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 Narmada (Narmada)

Price action analysis of Narmada ( (Narmada) ) 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 Narmada ( (Narmada) ) based on a short 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 Narmada ( (Narmada) ) 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 Narmada ( (Narmada) ) 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 Narmada stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Narmada Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Narmada in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Narmada is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 16.86 and Narmada (Narmada) 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 Narmada (Narmada) stock. Volume based technical analysis of Narmada (Narmada) stock is negative.

Narmada 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.