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Nirlon (NIRLON) — Technical Setup
₹600.40 -0.11% Weak Downtrend Volatility Expansion Bearish
Summary
Nirlon is in a weak downtrend on the daily chart. RSI(14) is 36.1, MACD is below its signal line, ADX reads 25. Volume in the latest session was 0.2× its 20-day average. Over three months it has underperformed the Nifty 50 by 0.1 percentage points. Nearest support is ₹582.15 and resistance ₹606.15. Its technical score is 25/100 (bearish).
🧮 How the 25/100 is built
Five components, 20 points each. Every rule is shown with the points it earned — the score describes the chart as it stands today; it is not a prediction.
- Close above 20-day EMA (-2.73)0/3
- 20-day EMA above 50-day EMA0/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (24.58)0/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (36.12)0/6
- MACD line above its signal line0/4
- MACD line above zero (-7.54)0/3
- 12-day rate of change positive (-7.55)0/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (-0.09)0/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.20)0/5
- More volume on up days than down days (20 sessions) (1.79)5/5
- Close above 20-day VWAP (-5.19)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (2.37)6/6
- Price in the upper half of its Bollinger Bands (0.16)0/5
- Shallow drawdown from the 52-week high (-8.61)5/5
- Volatility contracting (20-day volatility below its 6-month median) (98.80)0/4
- Room to the next resistance (≥8% scores full) (0.96)0/5
- Support close below (a tight, definable stop) (3.04)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-8.61)2/5
🧭 Regime: Weak Downtrend
Volatility Expansion — Bollinger width is in the 94th percentile of the last six months.
Suits: Defensive. Price is below its averages. Oversold bounces happen, but the path of least resistance is lower — wait for a base.
Classified from ADX, the 20/50-day EMA stack and price's distance from the 50-day average; volatility from band-width and ATR expansion.
Opens the AI Backtester with the SuperTrend (10,3) rules for NIRLON — supertrend (10,3) flips to an uptrend.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▼ Bearish | 36.12 | -3.85 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks. Volume has dried up to under 60% of normal. Price fell over 20 sessions while OBV rose (bullish price-volume divergence).
💪 Relative strength
NIRLON ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming.
🧱 Support & resistance
Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.
| Level | Price | Distance | Touches |
|---|---|---|---|
| Resistance | ₹653.00 | +8.8% | 2 |
| Resistance | ₹631.80 | +5.2% | 4 |
| Resistance | ₹606.15 | +1.0% | 5 |
| Close | ₹600.40 | — | |
| Support | ₹582.15 | −3.0% | 1 |
| Support | ₹557.15 | −7.2% | 1 |
52-week range: ₹543.00 – ₹657.00 (-8.61% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹543.00 (2026-04-24) to ₹657.00 (2026-07-14). Price has retraced 49.6% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹630.10 | +5.0% | S/R confluence |
| 38.2% retracement | ₹613.45 | +2.2% | S/R confluence |
| 50.0% retracement | ₹600.00 | -0.1% | S/R confluence nearest |
| 61.8% retracement | ₹586.55 | -2.3% | S/R confluence |
| 78.6% retracement | ₹567.40 | -5.5% | |
| 127.2% extension | ₹688.01 | +14.6% | |
| 161.8% extension | ₹727.45 | +21.2% | |
| 200.0% extension | ₹771.00 | +28.4% |
🕯️ Candlesticks (last 5 sessions)
- Doji 2026-09-18 neutral Weak · 20
- Inverted Hammer 2026-09-17 bullish Weak · 40
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
No regular divergence on RSI, MACD, OBV, MFI or Stochastic at the latest swings.
✅ Screens NIRLON passes today
⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.
