Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ITBEES) Nip Ind complete technical analysis [charts+indicators] | Buy/Sell Nip Ind | (ITBEES) share price targets

Complete technical analysis of Nip Ind (ITBEES) by charts plus indicators, forecast predictions and share price targets for Nip Ind (ITBEES)

Showing technical analysis as on 2024-04-23 View latest technical analysis

10 day averaged volume of Nip Ind is 11666770

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	35.76	35.71	35.94	35.63	0.427 times
22 Mon Apr 2024	35.59	35.43	35.73	35.32	0.678 times
19 Fri Apr 2024	35.42	35.40	35.59	34.75	0.979 times
18 Thu Apr 2024	35.56	35.90	36.45	35.50	1.336 times
16 Tue Apr 2024	35.64	36.61	36.61	35.58	1.776 times
15 Mon Apr 2024	36.57	37.25	37.25	36.45	1.066 times
12 Fri Apr 2024	37.18	37.45	37.70	37.15	0.578 times
10 Wed Apr 2024	37.40	37.85	37.85	37.09	0.504 times
09 Tue Apr 2024	37.18	37.63	37.68	37.13	0.845 times
08 Mon Apr 2024	37.21	37.20	37.98	37.01	1.397 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 36, but if it comes above 36, then a intra day buy could be more profitable.
If you take a sell trade below 36, then use 36 as stoploss and 35.1 as target. However if you take a buy trade in stock , then use 36 as stoploss and 36.82 as target.

Share price targets for Nip Ind (ITBEES)

Target Type	Value
Downside Target	34.11
Upside Target	37.88
Upside Target	37.98
Upside Target	38.62
Upside Target	38.99
Upside Target	40.00
Upside Target	41.15
Upside Target	41.56

Intraday share price targets for Nip Ind (ITBEES)

Target Type	Value
Downside Intraday Target	35.41
Downside Intraday Target	35.05
Upside Intraday Target	36.03
Upside Intraday Target	36.29
Downside Intraday Target	35.67

Weekly technical analysis of Nip Ind (ITBEES)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	35.76	35.43	35.94	35.32	0.214 times
19 Fri Apr 2024	35.42	37.25	37.25	34.75	1.551 times
12 Fri Apr 2024	37.18	37.20	37.98	37.01	0.901 times
05 Fri Apr 2024	37.42	37.88	37.88	36.77	2.218 times
28 Thu Mar 2024	37.05	37.80	37.98	36.69	0.583 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 Nip Ind (ITBEES)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	35.76	37.88	37.98	34.75	1.577 times
28 Thu Mar 2024	37.05	41.15	41.15	36.69	0.999 times
29 Thu Feb 2024	39.97	39.50	41.56	38.62	0.72 times
31 Wed Jan 2024	38.78	38.10	40.00	36.00	0.868 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Nip Ind (ITBEES)

Price action analysis of Nip Ind ( (ITBEES) ) 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 Nip Ind ( (ITBEES) ) 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 Nip Ind ( (ITBEES) ) 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 Nip Ind stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Nip Ind in short term and the sell signal is strong.

Nip Ind 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Nip Ind in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Nip Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 36.26 and Nip Ind (ITBEES) 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 Nip Ind (ITBEES) stock. Volume based technical analysis of Nip Ind (ITBEES) stock is negative.

Nip Ind 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.