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(NITCO) Nitco complete technical analysis [charts+indicators] | Buy/Sell Nitco | (NITCO) share price targets

Complete technical analysis of Nitco (NITCO) by charts plus indicators, forecast predictions and share price targets for Nitco (NITCO)

Nitco trades in NSE in Furniture-Furnishing-Paints sector.

10 day averaged volume of Nitco is 2618706

Date Daily Closing Price Open High Low Volume
09 Thu Nov 2023 28.70 30.00 30.80 28.20 0.471 times
08 Wed Nov 2023 30.65 34.00 34.30 30.50 1.165 times
07 Tue Nov 2023 33.85 29.00 34.35 28.85 2.62 times
06 Mon Nov 2023 28.65 25.75 30.45 25.40 2.24 times
03 Fri Nov 2023 25.70 22.15 26.15 22.15 2.372 times
02 Thu Nov 2023 21.80 21.85 22.40 21.40 0.135 times
01 Wed Nov 2023 21.75 22.10 22.50 21.30 0.184 times
31 Tue Oct 2023 22.10 21.65 22.80 21.15 0.385 times
30 Mon Oct 2023 21.65 19.15 22.30 19.15 0.788 times
27 Fri Oct 2023 19.15 19.30 19.40 19.00 0.031 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 26.9, but if it comes below 26.9, then a intra day sell could be more profitable.
If you take a sell trade below 26.9, then use 26.9 as stoploss and 22.62 as target. However if you take a buy trade in stock , then use 26.9 as stoploss and 32.1 as target.

Share price targets for Nitco (NITCO)

Target Type Value
Downside Target 17.00
Downside Target 17.80
Downside Target 19.15
Downside Target 20.30
Downside Target 21.30
Downside Target 22.00
Downside Target 22.35
Downside Target 22.80
Downside Target 23.50
Downside Target 25.40
Downside Target 26.15
Upside Target 34.35

Intraday share price targets for Nitco (NITCO)

Target Type Value
Downside Intraday Target 24.62
Downside Intraday Target 20.53
Upside Intraday Target 33.57
Upside Intraday Target 38.43
Upside Intraday Target 29.48

Weekly technical analysis of Nitco (NITCO)

Date Weekly Closing Price Open High Low Volume
09 Thu Nov 2023 28.70 25.75 34.35 25.40 1.681 times
03 Fri Nov 2023 25.70 19.15 26.15 19.15 7.839 times
27 Fri Oct 2023 19.15 20.95 22.30 18.00 0.587 times
20 Fri Oct 2023 20.75 19.75 21.40 19.40 1.036 times
13 Fri Oct 2023 19.40 19.65 20.30 18.10 1.043 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nitco (NITCO)

Date Monthly Closing Price Open High Low Volume
09 Thu Nov 2023 28.70 22.10 34.35 21.30 2.243 times
31 Tue Oct 2023 22.10 18.75 22.80 18.00 1.141 times
29 Fri Sep 2023 18.75 21.70 22.00 17.80 1.098 times
31 Thu Aug 2023 21.45 19.10 22.35 17.00 1.008 times

Scroll below to view daily charts

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

Indicators analysis of Nitco (NITCO)

Price action analysis of Nitco ( (NITCO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Nitco ( (NITCO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Nitco ( (NITCO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Nitco ( (NITCO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Nitco stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Nitco in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nitco Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Nitco in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Nitco is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.5 and Nitco (NITCO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Nitco (NITCO) stock. Volume based technical analysis of Nitco (NITCO) stock is negative.

Nitco Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Nitco ( (NITCO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Nitco ( (NITCO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Nitco ( (NITCO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Nitco ( (NITCO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Nitco stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Nitco in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nitco Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Nitco in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Nitco is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.5 and Nitco (NITCO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Nitco (NITCO) stock. Volume based technical analysis of Nitco (NITCO) stock is negative.

Nitco Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Nitco charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
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