Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-10 View latest technical analysis

10 day averaged volume of Nitin Spinners is 148836

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	352.30	356.65	356.65	344.95	1.006 times
09 Tue Jul 2024	354.65	365.60	366.55	353.00	0.567 times
08 Mon Jul 2024	363.75	364.35	370.20	360.75	0.798 times
05 Fri Jul 2024	363.75	366.25	368.40	359.60	0.983 times
04 Thu Jul 2024	366.25	377.30	377.30	364.25	0.591 times
03 Wed Jul 2024	373.85	374.50	378.00	372.00	0.539 times
02 Tue Jul 2024	374.50	379.80	383.80	370.00	1.163 times
01 Mon Jul 2024	378.20	360.00	384.00	357.35	2.512 times
28 Fri Jun 2024	356.75	351.90	364.00	350.70	0.792 times
27 Thu Jun 2024	349.75	359.70	359.70	348.40	0.417 times

My analysis of stock is bearish for shortterm, and stock might move down till 345.3 or till 332.7. Use a stoploss of 355.78 and if the stock hits stoploss, then it can shoot up till 366.25

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	293.00
Downside Target	300.00
Downside Target	324.60
Downside Target	340.20
Upside Target	366.30
Upside Target	366.75
Upside Target	370.20
Upside Target	377.90
Upside Target	380.00
Upside Target	384.00

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	341.43
Downside Intraday Target	330.57
Upside Intraday Target	366.68
Upside Intraday Target	381.07
Upside Intraday Target	355.82

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	352.30	364.35	370.20	344.95	0.41 times
05 Fri Jul 2024	363.75	360.00	384.00	357.35	1.374 times
28 Fri Jun 2024	356.75	341.00	366.30	340.20	2.133 times
21 Fri Jun 2024	345.60	345.55	353.20	341.75	0.577 times
14 Fri Jun 2024	345.45	335.05	348.70	329.55	0.606 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
10 Wed Jul 2024	352.30	360.00	384.00	344.95	0.535 times
28 Fri Jun 2024	356.75	324.00	366.30	293.00	1.054 times
31 Fri May 2024	314.70	374.75	380.00	305.00	1.117 times
30 Tue Apr 2024	373.40	324.60	377.90	324.60	1.028 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Nitin Spinners in short term but the sell signal is initial and weak.

Nitin Spinners Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Nitin Spinners in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Nitin Spinners is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 366.7 and Nitin Spinners (NITINSPIN) 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 Nitin Spinners (NITINSPIN) stock. Volume based technical analysis of Nitin Spinners (NITINSPIN) stock is negative.

Nitin Spinners 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.