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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 2024-10-01 View latest technical analysis

10 day averaged volume of Nitco is 368580

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	83.45	84.00	85.38	82.80	0.554 times
30 Mon Sep 2024	83.49	86.00	86.06	81.95	1.638 times
27 Fri Sep 2024	85.84	85.00	89.98	83.78	2.205 times
26 Thu Sep 2024	84.57	84.05	85.80	83.74	0.977 times
25 Wed Sep 2024	84.19	85.00	86.20	83.41	0.728 times
24 Tue Sep 2024	85.47	84.55	88.00	84.55	1.398 times
23 Mon Sep 2024	84.71	83.66	86.39	82.25	0.601 times
20 Fri Sep 2024	83.66	83.49	84.51	82.63	0.324 times
19 Thu Sep 2024	82.78	85.90	86.44	80.20	1.042 times
18 Wed Sep 2024	85.33	85.20	86.53	84.80	0.51 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 83.5, but if it comes above 83.5, then a intra day buy could be more profitable.
If you take a sell trade below 83.5, then use 83.5 as stoploss and 82.1 as target. However if you take a buy trade in stock , then use 83.5 as stoploss and 84.76 as target.

Share price targets for Nitco (NITCO)

Target Type	Value
Downside Target	69.00
Downside Target	70.80
Downside Target	74.00
Downside Target	80.20
Upside Target	85.38
Upside Target	87.69
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	81.58
Downside Intraday Target	79.71
Upside Intraday Target	85.69
Upside Intraday Target	87.93
Upside Intraday Target	83.82

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	83.45	86.00	86.06	81.95	0.371 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
01 Tue Oct 2024	83.45	84.00	85.38	82.80	0.028 times
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

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 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 to mid 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 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 buy signal for Nitco in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 84.54 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.