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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.

Showing technical analysis as on 2024-08-02 View latest technical analysis

10 day averaged volume of Nitco is 403933

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	80.45	71.00	82.50	71.00	2.518 times
01 Thu Aug 2024	75.17	78.00	79.47	74.50	0.877 times
31 Wed Jul 2024	78.35	79.99	81.60	77.50	2.209 times
30 Tue Jul 2024	76.62	73.15	79.67	72.60	2.925 times
29 Mon Jul 2024	72.43	73.16	75.50	71.01	1.198 times
26 Fri Jul 2024	71.34	71.90	76.46	70.00	1.015 times
25 Thu Jul 2024	70.42	70.15	72.78	69.60	0.204 times
24 Wed Jul 2024	70.72	72.69	72.69	70.26	0.304 times
23 Tue Jul 2024	72.72	73.45	75.00	69.00	0.24 times
22 Mon Jul 2024	71.61	70.30	75.65	70.30	0.528 times

Stock of Nitco (NITCO) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 80.2, for a target of 77 or 74.27

Share price targets for Nitco (NITCO)

Target Type	Value
Downside Target	18.00
Downside Target	21.30
Downside Target	22.80
Downside Target	34.35
Downside Target	69.00
Downside Target	74.00
Downside Target	75.55
Downside Target	79.00
Downside Target	79.68
Upside Target	81.06
Upside Target	81.60
Upside Target	82.50
Upside Target	88.90

Intraday share price targets for Nitco (NITCO)

Target Type	Value
Downside Intraday Target	73.47
Downside Intraday Target	66.48
Upside Intraday Target	84.97
Upside Intraday Target	89.48
Downside Intraday Target	77.98

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	80.45	73.16	82.50	71.00	4.245 times
26 Fri Jul 2024	71.34	70.30	76.46	69.00	1.174 times
19 Fri Jul 2024	71.69	74.50	79.68	69.72	1.095 times
12 Fri Jul 2024	72.44	76.84	79.00	71.81	0.951 times
05 Fri Jul 2024	76.84	79.66	81.06	75.55	0.584 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
02 Fri Aug 2024	80.45	78.00	82.50	71.00	0.239 times
31 Wed Jul 2024	78.35	79.66	81.60	69.00	1.43 times
28 Fri Jun 2024	79.66	88.30	88.90	74.00	0.167 times
09 Thu Nov 2023	28.70	22.10	34.35	21.30	2.243 times

Scroll below to view daily charts

Price has moved up 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Nitco in short term but the sell signal is initial and weak.

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

Nitco Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Nitco in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Nitco is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 76.22 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 negative.

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