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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 2024-10-22 View latest technical analysis

10 day averaged volume of Nitco is 2614473

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	114.56	121.79	123.65	114.56	0.832 times
21 Mon Oct 2024	120.59	127.36	127.36	115.23	2.001 times
18 Fri Oct 2024	121.30	121.30	121.30	115.10	2.698 times
17 Thu Oct 2024	115.53	115.53	115.53	115.53	0.099 times
16 Wed Oct 2024	110.03	101.00	110.03	100.10	0.744 times
15 Tue Oct 2024	100.03	95.20	101.79	93.23	0.852 times
14 Mon Oct 2024	94.46	92.35	99.92	90.10	1.922 times
11 Fri Oct 2024	90.84	93.50	95.00	89.10	0.395 times
10 Thu Oct 2024	92.53	85.65	93.56	85.65	0.912 times
09 Wed Oct 2024	85.06	85.98	85.98	84.00	0.21 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 107.9, but if it comes below 107.9, then a intra day sell could be more profitable.
If you take a sell trade below 107.9, then use 107.9 as stoploss and 93.92 as target. However if you take a buy trade in stock , then use 107.9 as stoploss and 124.7 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	75.51
Downside Target	80.20
Downside Target	86.06
Downside Target	88.90
Downside Target	94.70
Downside Target	95.00
Downside Target	114.56
Upside Target	121.30
Upside Target	127.36

Intraday share price targets for Nitco (NITCO)

Target Type	Value
Downside Intraday Target	110.29
Downside Intraday Target	106.03
Upside Intraday Target	123.09
Upside Intraday Target	131.63
Upside Intraday Target	118.83

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	114.56	127.36	127.36	114.56	0.449 times
18 Fri Oct 2024	121.30	92.35	121.30	90.10	3.203 times
11 Fri Oct 2024	90.84	82.80	95.00	75.51	3.948 times
04 Fri Oct 2024	81.57	86.00	86.06	81.52	0.599 times
27 Fri Sep 2024	85.84	83.66	89.98	82.25	1.803 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
22 Tue Oct 2024	114.56	84.00	127.36	75.51	4.139 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 up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Nitco (NITCO)

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Nitco in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nitco Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Nitco in short term but SELL signal is weak.

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 108.96 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.