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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 2024-09-06 View latest technical analysis

10 day averaged volume of Nitco is 740912

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	83.57	87.33	87.33	82.68	0.239 times
05 Thu Sep 2024	87.29	86.16	88.75	85.21	0.332 times
04 Wed Sep 2024	86.16	85.00	87.10	84.01	0.252 times
03 Tue Sep 2024	85.75	81.13	88.15	81.13	0.57 times
02 Mon Sep 2024	81.92	84.05	85.69	81.00	0.362 times
30 Fri Aug 2024	84.70	85.25	87.30	84.01	0.27 times
29 Thu Aug 2024	84.30	87.90	88.80	83.70	0.617 times
28 Wed Aug 2024	88.55	85.10	89.40	84.39	1.008 times
27 Tue Aug 2024	84.88	88.90	90.40	84.04	1.12 times
26 Mon Aug 2024	88.16	89.70	94.70	85.00	3.201 times

My analysis of stock is bullish for shortterm, and stock might move up till 87 or till 92.2. Use a stoploss of 82.63 and if this stock hits its stoploss, then it can fall down till 78.28

Share price targets for Nitco (NITCO)

Target Type	Value
Downside Target	21.30
Downside Target	34.35
Downside Target	69.00
Downside Target	70.80
Downside Target	73.00
Downside Target	76.55
Downside Target	81.00
Upside Target	88.75
Upside Target	88.80
Upside Target	88.90
Upside Target	94.70

Intraday share price targets for Nitco (NITCO)

Target Type	Value
Downside Intraday Target	80.13
Downside Intraday Target	76.69
Upside Intraday Target	87.88
Upside Intraday Target	92.19
Upside Intraday Target	84.44

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	83.57	84.05	88.75	81.00	0.282 times
30 Fri Aug 2024	84.70	89.70	94.70	83.70	1.263 times
23 Fri Aug 2024	86.43	80.00	88.80	76.55	2.796 times
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

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
06 Fri Sep 2024	83.57	84.05	88.75	81.00	0.103 times
30 Fri Aug 2024	84.70	78.00	94.70	70.80	2.198 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

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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nitco ( (NITCO) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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.

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 SELL signal for Nitco in short term and SELL signal is strong!

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 86.64 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 has given negative 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.