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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 2024-08-16 View latest technical analysis

10 day averaged volume of Nitco is 380486

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	77.62	74.97	77.90	74.51	1.511 times
14 Wed Aug 2024	74.84	76.95	76.95	74.11	0.297 times
13 Tue Aug 2024	75.09	75.01	77.63	75.00	0.644 times
12 Mon Aug 2024	74.80	77.00	78.00	73.00	0.976 times
09 Fri Aug 2024	77.23	76.39	78.00	75.60	0.678 times
08 Thu Aug 2024	74.12	74.30	78.32	73.50	0.793 times
07 Wed Aug 2024	74.97	73.10	78.00	72.05	1.076 times
06 Tue Aug 2024	71.75	78.14	80.39	70.80	0.949 times
05 Mon Aug 2024	78.14	79.00	82.65	76.10	0.982 times
02 Fri Aug 2024	80.45	71.00	82.50	71.00	2.673 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 77.3, but if it comes below 77.3, then a intra day sell could be more profitable.
If you take a sell trade below 77.3, then use 77.3 as stoploss and 74.5 as target. However if you take a buy trade in stock , then use 77.3 as stoploss and 80.7 as target.

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	73.00
Downside Target	76.46
Upside Target	78.00
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	74.41
Downside Intraday Target	71.21
Upside Intraday Target	79.41
Upside Intraday Target	81.21
Downside Intraday Target	76.21

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	77.62	77.00	78.00	73.00	0.765 times
09 Fri Aug 2024	77.23	79.00	82.65	70.80	0.434 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

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 Nitco (NITCO)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	77.62	78.00	82.65	70.80	0.762 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL. Signal strength is Strong 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. Bears are weakening, and bulls are picking up momentum!

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 but buying is losing 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 76.81 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.