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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 2024-09-10 View latest technical analysis

10 day averaged volume of Nitco is 388711

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	84.71	83.85	86.24	83.55	1.203 times
09 Mon Sep 2024	82.74	84.00	84.08	81.49	0.907 times
06 Fri Sep 2024	83.57	87.33	87.33	82.68	0.456 times
05 Thu Sep 2024	87.29	86.16	88.75	85.21	0.633 times
04 Wed Sep 2024	86.16	85.00	87.10	84.01	0.481 times
03 Tue Sep 2024	85.75	81.13	88.15	81.13	1.087 times
02 Mon Sep 2024	81.92	84.05	85.69	81.00	0.689 times
30 Fri Aug 2024	84.70	85.25	87.30	84.01	0.514 times
29 Thu Aug 2024	84.30	87.90	88.80	83.70	1.176 times
28 Wed Aug 2024	88.55	85.10	89.40	84.39	1.922 times

My analysis of stock is bullish for shortterm, and stock might move up till 87.1 or till 91.6. Use a stoploss of 83.4 and if this stock hits its stoploss, then it can fall down till 79.66

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
Downside Target	83.70
Upside Target	86.24
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	82.05
Downside Intraday Target	79.4
Upside Intraday Target	86.8
Upside Intraday Target	88.9
Downside Intraday Target	84.15

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	84.71	84.00	86.24	81.49	0.631 times
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

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
10 Tue Sep 2024	84.71	84.05	88.75	81.00	0.168 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 to mid 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 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 gaining momentum.

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

Nitco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

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 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 85.39 and Nitco (NITCO) stock is trading below this level. This means that stock is falling with high volumes. 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 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.