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

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

10 day averaged volume of Nifty Metal is 0

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 8920.35 9017.35 9067.80 8897.55 NAN times
18 Mon Nov 2024 8996.65 8918.30 9129.65 8894.80 NAN times
14 Thu Nov 2024 8828.70 8866.80 8948.60 8812.90 NAN times
13 Wed Nov 2024 8836.75 9039.25 9061.45 8802.20 NAN times
12 Tue Nov 2024 9078.50 9266.15 9304.45 9049.90 NAN times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9019.7, but if it comes above 9019.7, then a intra day buy could be more profitable.
If you take a sell trade below 9019.7, then use 9019.7 as stoploss and 8766.1 as target. However if you take a buy trade in stock , then use 9019.7 as stoploss and 9231.03 as target.

Share price targets for Nifty Metal (NIFTY_METAL)

Target Type Value
Downside Target 8727.80
Upside Target 9304.45
Upside Target 9427.85
Upside Target 9671.25
Upside Target 9759.60
Upside Target 10027.95
Upside Target 10263.65
Upside Target 10322.05

Intraday share price targets for Nifty Metal (NIFTY_METAL)

Target Type Value
Downside Intraday Target 8833.55
Downside Intraday Target 8746.75
Upside Intraday Target 9068.4
Upside Intraday Target 9216.45
Upside Intraday Target 8981.6

Weekly technical analysis of Nifty Metal (NIFTY_METAL)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 8920.35 8918.30 9129.65 8894.80 0 times
14 Thu Nov 2024 8828.70 9281.60 9304.45 8802.20 0 times
08 Fri Nov 2024 9308.90 9393.50 9671.25 9118.70 0 times
01 Fri Nov 2024 9390.30 9305.35 9427.85 9267.75 0 times
30 Wed Oct 2024 9342.45 9056.60 9427.85 9001.75 0 times

Price has moved up 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 Nifty Metal (NIFTY_METAL)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 8920.35 9376.80 9671.25 8802.20 0 times
31 Thu Oct 2024 9326.85 10214.25 10322.05 8924.55 0 times
30 Mon Sep 2024 10198.35 9437.60 10263.65 8993.35 0 times
30 Fri Aug 2024 9405.25 9690.85 9759.60 8727.80 0 times

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 Nifty Metal (NIFTY_METAL)

Indicator Name Indicator Value Indicator Signal
ADX 16, 28, 27 Sell
MACD -267, -204Sell
Stochastics 13Sell
CCI -71Sell
RSI 51Buy
OBV 0Sell
VWAP NANSell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Nifty Metal ( (NIFTY_METAL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Nifty Metal ( (NIFTY_METAL) ) 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 Nifty Metal ( (NIFTY_METAL) ) 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 Nifty Metal ( (NIFTY_METAL) ) 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 Nifty Metal stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Nifty Metal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a BUY signal in short term and the buying is gaining 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 Nifty Metal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is NAN and Nifty Metal (NIFTY_METAL) 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 Nifty Metal (NIFTY_METAL) stock. Volume based technical analysis of Nifty Metal (NIFTY_METAL) stock is negative.

Nifty Metal 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.

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