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(NITINSPIN) Nitin Spinners complete technical analysis [charts+indicators] | Buy/Sell Nitin Spinners | (NITINSPIN) share price targets

Complete technical analysis of Nitin Spinners (NITINSPIN) by charts plus indicators, forecast predictions and share price targets for Nitin Spinners (NITINSPIN)

Nitin Spinners trades in NSE in Textiles sector.

10 day averaged volume of Nitin Spinners is 63544

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	357.20	358.30	362.00	354.05	0.682 times
24 Wed Apr 2024	355.80	354.05	361.55	354.00	0.679 times
23 Tue Apr 2024	354.00	353.85	355.00	348.80	0.704 times
22 Mon Apr 2024	352.75	351.90	354.00	346.80	0.672 times
19 Fri Apr 2024	345.90	340.05	348.60	335.30	0.937 times
18 Thu Apr 2024	344.15	348.00	350.50	342.55	0.843 times
16 Tue Apr 2024	347.30	349.75	351.25	345.10	0.465 times
15 Mon Apr 2024	349.75	340.55	353.00	339.90	1.251 times
12 Fri Apr 2024	352.95	359.80	364.85	348.60	2.267 times
10 Wed Apr 2024	358.80	358.30	365.75	355.10	1.101 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 359.9 as stoploss in an intra day sell trade for a target of 348.81. However, stock will show a bullish move above 359.9.

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	300.00
Downside Target	313.05
Downside Target	334.30
Downside Target	342.95
Upside Target	362.00
Upside Target	366.75
Upside Target	368.65
Upside Target	368.75
Upside Target	369.95
Upside Target	374.95
Upside Target	394.60

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	348.67
Downside Intraday Target	340.13
Upside Intraday Target	363.87
Upside Intraday Target	370.53
Downside Intraday Target	355.33

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	357.20	351.90	362.00	346.80	0.783 times
19 Fri Apr 2024	345.90	340.55	353.00	335.30	0.59 times
12 Fri Apr 2024	352.95	368.00	374.95	348.60	0.449 times
05 Fri Apr 2024	359.15	324.60	368.75	324.60	2.73 times
28 Thu Mar 2024	324.85	340.40	342.95	321.10	0.873 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 Nitin Spinners (NITINSPIN)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	357.20	324.60	374.95	324.60	0.859 times
28 Thu Mar 2024	324.85	358.50	366.75	300.00	0.472 times
29 Thu Feb 2024	354.50	363.15	394.60	334.30	0.89 times
31 Wed Jan 2024	361.80	324.95	368.65	313.05	1.292 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 Nitin Spinners (NITINSPIN)

Price action analysis of Nitin Spinners ( (NITINSPIN) ) 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 Nitin Spinners ( (NITINSPIN) ) 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 Nitin Spinners ( (NITINSPIN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Nitin Spinners stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Nitin Spinners 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.

Nitin Spinners 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Nitin Spinners in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 Nitin Spinners is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 352.04 and Nitin Spinners (NITINSPIN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Nitin Spinners (NITINSPIN) stock. Volume based technical analysis of Nitin Spinners (NITINSPIN) stock is negative.

Nitin Spinners 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.