Price and trend forecast of NRL for Tomorrow, Weekly, Monthly
Nupur Recyclers Limited
Symbol: NSE:NRL
ISIN: INE0JM501013
100.91
As on 2025-01-22
NRL's Today's Performance
Nupur Recyclers Limited started the day by opening at 104.00 today 2025-01-22. Its shares reached a high of 104.90 and dipped to a low of 100.12 in intraday. When the markets closed, NRL’s stock price settled at ₹100.91 per share. Also check out its key support and resistance levels.
NRL Buy/Sell Targets
Tomorrow, sell NRL when its price reaches ₹ 100.91 with a stop-loss order at ₹ 103.53. You can set the target price as ₹ 98.29 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.
In the sections below, we will discuss detailed share price target of NRL for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.
Important Down levels for NRL
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 104 |
| Tomorrow Down Target 2 | 107 |
| Tomorrow Down Target 3 | 109 |
Important Levels for NRL
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 99 |
| Tomorrow Up Target 2 | 97 |
| Tomorrow Up Target 3 | 94 |
Based on where the stock opens tomorrow, if NRL opens on a positive note, our first target will be ₹104. If Target 1 is achieved, we will aim for Target 2 which is ₹107.
But if NRL falls below the average value of ₹101.98, you can enter a sell side position with target number 1 - ₹99 and second target - ₹97 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.
Daily Volume chart of NRL
Looking at NRL, we've seen a Increasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.
In terms of its price, NRL has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for NRL is moderate bullish.
Tomorrow's Volume based share price Forecast for NRL
NRL's Volume is currently in a Increasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is -89%.
Reversal detection for NRL
NRL may trend may continue to be bearish since stock is making lower low and we can get target of ₹101 in morning tomorrow
| Target 1 tomorrow | 104 |
| Target 2 tomorrow | 105 |
| Target 3 tomorrow | 107 |
Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.
Combine this trend forecast with NRL's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.
Based on where the stock opens tomorrow, if NRL opens on a positive note, our first target will be ₹103.83. If Target 1 is achieved, we will aim for Target 2 which is ₹106.76.
But if NRL falls below the average value of ₹101.98, you can enter a sell side position with target number 1 - ₹99.05 and second target - ₹97.20
NRL's Weekly Targets
| 1st Up Target | 105.10 |
| 2nd Up Target | 109.28 |
| 1st Down Target | 96.53 |
| 2nd Down Target | 92.14 |
As the week for NRL ended on bullish sentiments, we can expect further continuation of this sentiment. NRL's initial target will be 105.10 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 96.53 in the upcoming week.
Weekly OHLC Values
| Open | 99.78 |
| High | 104.90 |
| Low | 96.33 |
| Close | 100.91 |
Week for NRL started with an open price of 99.78, and the close was at 100.91. NRL reached the highest of 104.90 and dipped lowest up to 96.33 last week. This indicates a bullish sentiment for the week.
NRL full month swing targets
| Monthly Up Target 1 | 113.67 |
| Monthly Up Target 2 | 117.85 |
| Monthly Down Target 1 | 87.96 |
| Monthly Down Target 2 | 75.00 |
Targets of ₹113.67 can be expected to be reached in the coming month. Once NRL achieved this target, we can aim for the next upside target of ₹117.85.
NRL if fails to hold upside, down targets of ₹87.96 and ₹75.00 can be achieved by end of this month.
For complete three weeks if NRL is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.
Related Stocks in the Same Sector as NRL
| Symbol | Name | Industry |
|---|---|---|
| LT | Larsen & Toubro Limited | Engineering & Construction |
| ADANIPORTS | Adani Ports and Special Economic Zone Limited | Marine Shipping |
| HAL | Hindustan Aeronautics Limited | Aerospace & Defense |
| SIEMENS | Siemens Limited | Specialty Industrial Machinery |
| BEL | Bharat Electronics Limited | Aerospace & Defense |
Summary
NRL is expected to reach the target of 103.83 in tomorrow's trading session.
After achieving the initial target in NRL, we will aim for higher targets of 106.76 tomorrow.
However, if NRL starts to trade below ₹101.98, then we will shift our focus to the sell side and aim for down targets of 99.05 and 97.20.