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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.

Showing technical analysis as on 2024-04-15 View latest technical analysis

10 day averaged volume of Nitin Spinners is 129939

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	349.75	340.55	353.00	339.90	0.612 times
12 Fri Apr 2024	352.95	359.80	364.85	348.60	1.108 times
10 Wed Apr 2024	358.80	358.30	365.75	355.10	0.538 times
09 Tue Apr 2024	356.45	358.00	362.95	352.45	0.529 times
08 Mon Apr 2024	360.30	368.00	374.95	351.00	0.722 times
05 Fri Apr 2024	359.15	364.20	364.85	358.05	0.353 times
04 Thu Apr 2024	364.25	354.85	368.75	349.45	1.335 times
03 Wed Apr 2024	353.60	344.85	365.00	343.35	2.535 times
02 Tue Apr 2024	344.85	339.80	345.80	334.30	1.12 times
01 Mon Apr 2024	339.40	324.60	341.75	324.60	1.109 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 356 as stoploss in an intra day sell trade for a target of 343.44. However, stock will show a bullish move above 356.

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	300.00
Downside Target	313.05
Downside Target	334.30
Upside Target	353.00
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	342.1
Downside Intraday Target	334.45
Upside Intraday Target	355.2
Upside Intraday Target	360.65
Downside Intraday Target	347.55

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	349.75	340.55	353.00	339.90	0.211 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
22 Fri Mar 2024	340.40	330.65	350.35	318.00	0.514 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 Nitin Spinners (NITINSPIN)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	349.75	324.60	374.95	324.60	0.69 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nitin Spinners ( (NITINSPIN) ) 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 Nitin Spinners ( (NITINSPIN) ) 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 Nitin Spinners ( (NITINSPIN) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

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

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 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 Nitin Spinners in short term and SELL signal is strong!

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 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 353.27 and Nitin Spinners (NITINSPIN) 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 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 negative.

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