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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 2024-09-30 View latest technical analysis

10 day averaged volume of Nitco is 338640

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	83.49	86.00	86.06	81.95	1.782 times
27 Fri Sep 2024	85.84	85.00	89.98	83.78	2.4 times
26 Thu Sep 2024	84.57	84.05	85.80	83.74	1.064 times
25 Wed Sep 2024	84.19	85.00	86.20	83.41	0.792 times
24 Tue Sep 2024	85.47	84.55	88.00	84.55	1.521 times
23 Mon Sep 2024	84.71	83.66	86.39	82.25	0.655 times
20 Fri Sep 2024	83.66	83.49	84.51	82.63	0.353 times
19 Thu Sep 2024	82.78	85.90	86.44	80.20	1.135 times
18 Wed Sep 2024	85.33	85.20	86.53	84.80	0.555 times
17 Tue Sep 2024	85.98	86.96	87.30	84.90	0.627 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 83.7, but if it comes above 83.7, then a intra day buy could be more profitable.
If you take a sell trade below 83.7, then use 83.7 as stoploss and 82.2 as target. However if you take a buy trade in stock , then use 83.7 as stoploss and 84.87 as target.

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	74.00
Downside Target	80.20
Upside Target	86.06
Upside Target	88.20
Upside Target	88.75
Upside Target	88.90
Upside Target	89.98
Upside Target	94.70

Intraday share price targets for Nitco (NITCO)

Target Type	Value
Downside Intraday Target	81.61
Downside Intraday Target	79.72
Upside Intraday Target	85.72
Upside Intraday Target	87.94
Upside Intraday Target	83.83

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	83.49	86.00	86.06	81.95	0.277 times
27 Fri Sep 2024	85.84	83.66	89.98	82.25	1.803 times
20 Fri Sep 2024	83.66	86.95	87.69	80.20	0.635 times
13 Fri Sep 2024	85.03	84.00	88.20	81.49	1.463 times
06 Fri Sep 2024	83.57	84.05	88.75	81.00	0.282 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
30 Mon Sep 2024	83.49	84.05	89.98	80.20	0.569 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 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 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.

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 SELL signal in short term and selling is picking up 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 84.68 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.