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Stock analysis Niraj Cement Struc Ltd NIRAJ

More indepth analysis on MunafaSutra.com

Moving Averages for Niraj Cement Struc Ltd

  • 5Day Average: 43.62
  • 12Day Average: 49.19
  • 20Day Average: 51.17
  • 50Day Average: 47.59
  • 100Day Average: 41.61
  • 150Day Average: 37.62
  • 200Day Average: 35.23

NIRAJ Indicators & signals

Indicator MACD (12,26,9)

47.08, 48.48, 0.26
Indicator MACD is in negative zone

Indicator ADX (14)

22.62, 18.06, 28.61
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NIRAJ Niraj Cement Struc Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 42.85 42.25 to 44.45 -1.27% 0.3 times
02 Thu May 2024 43.40 42.50 to 45.20 -2.14% 0.48 times
30 Tue Apr 2024 44.35 43.50 to 44.75 0.91% 0.19 times
29 Mon Apr 2024 43.95 43.65 to 44.50 0.92% 0.1 times
26 Fri Apr 2024 43.55 42.70 to 45.30 -1.8% 0.55 times
25 Thu Apr 2024 44.35 43.70 to 45.15 -1.22% 0.2 times
24 Wed Apr 2024 44.90 44.15 to 45.70 2.28% 0.47 times
23 Tue Apr 2024 43.90 43.00 to 43.90 -23.98% 0.17 times
07 Wed Feb 2024 57.75 56.10 to 60.80 -1.87% 2.51 times
06 Tue Feb 2024 58.85 57.00 to 61.90 -3.84% 2.33 times
05 Mon Feb 2024 61.20 55.70 to 65.00 0% 3 times
02 Fri Feb 2024 61.20 60.50 to 64.30 -0.97% 2.62 times

Technical analysis forecast for Niraj Cement Struc Ltd 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 Niraj Cement Struc Ltd NIRAJ at this time. Stock is falling and might fall more.

It appears as if Niraj Cement Struc Ltd NIRAJ gave a large move recently.

Stock of Niraj Cement Struc Ltd (NIRAJ) 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 Niraj Cement Struc Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 41.2 as stoploss in an intra day buy trade for a target of 48.34. However, stock will show a bearish move below 41.2.

More indepth analysis on MunafaSutra.com