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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 2024-07-15 View latest technical analysis

10 day averaged volume of Nitin Spinners is 138024

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	381.65	369.00	394.00	354.20	5.684 times
12 Fri Jul 2024	357.15	355.90	362.30	353.00	0.665 times
11 Thu Jul 2024	354.30	352.35	359.50	351.80	0.537 times
10 Wed Jul 2024	352.30	356.65	356.65	344.95	1.085 times
09 Tue Jul 2024	354.65	365.60	366.55	353.00	0.612 times
08 Mon Jul 2024	363.75	364.35	370.20	360.75	0.86 times
05 Fri Jul 2024	363.75	366.25	368.40	359.60	1.06 times
04 Thu Jul 2024	366.25	377.30	377.30	364.25	0.637 times
03 Wed Jul 2024	373.85	374.50	378.00	372.00	0.581 times
02 Tue Jul 2024	374.50	379.80	383.80	370.00	1.254 times

Stock of Nitin Spinners (NITINSPIN) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 382.5, for a target of 369.5 or 358.7

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
Downside Target	353.20
Downside Target	366.30
Downside Target	366.75
Downside Target	370.20
Downside Target	377.90
Downside Target	380.00
Upside Target	384.00
Upside Target	394.00

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	359.23
Downside Intraday Target	336.82
Upside Intraday Target	399.03
Upside Intraday Target	416.42
Downside Intraday Target	376.62

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	381.65	369.00	394.00	354.20	1.512 times
12 Fri Jul 2024	357.15	364.35	370.20	344.95	0.602 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nitin Spinners (NITINSPIN)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	381.65	360.00	394.00	344.95	0.953 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong 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. Bears are weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining 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 371.09 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 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 positive

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