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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 2024-08-08 View latest technical analysis

10 day averaged volume of Nitco is 556518

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	74.12	74.30	78.32	73.50	0.542 times
07 Wed Aug 2024	74.97	73.10	78.00	72.05	0.736 times
06 Tue Aug 2024	71.75	78.14	80.39	70.80	0.649 times
05 Mon Aug 2024	78.14	79.00	82.65	76.10	0.671 times
02 Fri Aug 2024	80.45	71.00	82.50	71.00	1.827 times
01 Thu Aug 2024	75.17	78.00	79.47	74.50	0.636 times
31 Wed Jul 2024	78.35	79.99	81.60	77.50	1.603 times
30 Tue Jul 2024	76.62	73.15	79.67	72.60	2.123 times
29 Mon Jul 2024	72.43	73.16	75.50	71.01	0.87 times
26 Fri Jul 2024	71.34	71.90	76.46	70.00	0.736 times

My analysis of stock is bullish for shortterm, and stock might move up till 76.7 or till 80. Use a stoploss of 73.98 and if this stock hits its stoploss, then it can fall down till 71.26

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
Upside Target	76.46
Upside Target	79.00
Upside Target	79.68
Upside Target	81.60
Upside Target	82.50
Upside Target	82.65
Upside Target	88.90

Intraday share price targets for Nitco (NITCO)

Target Type	Value
Downside Intraday Target	69.06
Downside Intraday Target	64.01
Upside Intraday Target	80.91
Upside Intraday Target	87.71
Upside Intraday Target	75.86

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	74.12	79.00	82.65	70.80	0.368 times
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

Price has moved down 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 Nitco (NITCO)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	74.12	78.00	82.65	70.80	0.49 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 down 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 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 Nitco ( (NITCO) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Nitco ( (NITCO) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Nitco stock for short term is SELL. 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.

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. Bears are getting stronger in this stock.

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

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

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

MRSI is in negative zone. This is the SELL 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 76.29 and Nitco (NITCO) 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 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.