Homepage Active Options Active Stocks

Stock analysis Nitiraj Engineers Ltd NITIRAJ

More indepth analysis on MunafaSutra.com

Moving Averages for Nitiraj Engineers Ltd

  • 5Day Average: 212.04
  • 12Day Average: 220.43
  • 20Day Average: 223.77
  • 50Day Average: 226.37
  • 100Day Average: 233.96
  • 150Day Average: 216.91
  • 200Day Average: 193.44

NITIRAJ Indicators & signals

Indicator MACD (12,26,9)

218.74, 223.59, -3.36
Indicator MACD is in negative zone

Indicator ADX (14)

7.79, 13.83, 16.17
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 NITIRAJ Nitiraj Engineers Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
15 Wed Jan 2025 214.97 207.15 to 228.96 -1.29% 0.69 times
14 Tue Jan 2025 217.77 210.71 to 233.99 5.35% 1.47 times
13 Mon Jan 2025 206.71 201.00 to 222.16 0% 1.59 times
13 Mon Jan 2025 206.71 201.00 to 222.16 -3.42% 1.59 times
10 Fri Jan 2025 214.04 210.99 to 222.59 -2.05% 1 times
09 Thu Jan 2025 218.51 214.01 to 225.70 -0.73% 0.58 times
08 Wed Jan 2025 220.12 215.20 to 231.00 -4.14% 1.02 times
07 Tue Jan 2025 229.62 222.40 to 231.73 1.22% 0.58 times
06 Mon Jan 2025 226.86 224.77 to 249.00 -2.8% 0.86 times
03 Fri Jan 2025 233.40 228.91 to 240.11 2.19% 0.88 times
02 Thu Jan 2025 228.40 226.28 to 232.29 0.14% 0.44 times
01 Wed Jan 2025 228.09 227.89 to 235.57 0.48% 0.8 times

Technical analysis forecast for Nitiraj Engineers 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 Nitiraj Engineers Ltd NITIRAJ at this time. Stock is falling and might fall more.

It appears as if Nitiraj Engineers Ltd NITIRAJ gave a large move recently.

Stock of Nitiraj Engineers Ltd (NITIRAJ) 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 Nitiraj Engineers Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 213.9 as stoploss in an intra day buy trade for a target of 222. However, stock will show a bearish move below 213.9.

More indepth analysis on MunafaSutra.com