Stock analysis NIIT Limited NIITLTD
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Recent prices of NIITLTD NIIT Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 30 Tue Apr 2024 | 105.60 | 105.35 to 108.50 | -2.04% | 0.94 times |
| 29 Mon Apr 2024 | 107.80 | 107.05 to 108.80 | -0.09% | 0.75 times |
| 26 Fri Apr 2024 | 107.90 | 107.50 to 109.25 | 0.14% | 1.2 times |
| 25 Thu Apr 2024 | 107.75 | 107.15 to 108.30 | 0.19% | 0.64 times |
| 24 Wed Apr 2024 | 107.55 | 107.00 to 109.20 | 0.94% | 1.2 times |
| 23 Tue Apr 2024 | 106.55 | 106.35 to 107.80 | 0.71% | 1.17 times |
| 22 Mon Apr 2024 | 105.80 | 105.25 to 107.00 | 0.52% | 0.67 times |
| 19 Fri Apr 2024 | 105.25 | 104.25 to 106.00 | -0.85% | 0.84 times |
| 18 Thu Apr 2024 | 106.15 | 106.00 to 109.20 | -0.98% | 1 times |
| 16 Tue Apr 2024 | 107.20 | 105.80 to 108.50 | 0.8% | 0.92 times |
| 15 Mon Apr 2024 | 106.35 | 104.10 to 107.90 | -2.3% | 1.61 times |
| 12 Fri Apr 2024 | 108.85 | 108.20 to 111.80 | -1.89% | 0.82 times |
Technical analysis forecast for NIIT Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT NIIT Limited NIITLTD at this time. Stock is falling and might fall more.
It appears as if NIIT Limited NIITLTD gave a large move recently.
Stock of NIIT Limited (NIITLTD) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of NIIT Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if NIIT Limited stays below 105.9, but if it comes above 105.9, then a intra day buy could be more profitable.
If you take a sell trade below 105.9, then use 105.9 as stoploss and 103.1 as target. However if you take a buy trade in NIIT Limited, then use 105.9 as stoploss and 108.25 as target.