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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 2024-07-16 View latest technical analysis

10 day averaged volume of Nitin Spinners is 179087

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	399.50	382.20	417.60	382.20	10.071 times
15 Mon Jul 2024	381.65	369.00	394.00	354.20	4.381 times
12 Fri Jul 2024	357.15	355.90	362.30	353.00	0.513 times
11 Thu Jul 2024	354.30	352.35	359.50	351.80	0.414 times
10 Wed Jul 2024	352.30	356.65	356.65	344.95	0.836 times
09 Tue Jul 2024	354.65	365.60	366.55	353.00	0.471 times
08 Mon Jul 2024	363.75	364.35	370.20	360.75	0.663 times
05 Fri Jul 2024	363.75	366.25	368.40	359.60	0.817 times
04 Thu Jul 2024	366.25	377.30	377.30	364.25	0.491 times
03 Wed Jul 2024	373.85	374.50	378.00	372.00	0.448 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 391.4, for a target of 375 or 361.24

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
Downside Target	384.00
Upside Target	417.60

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	363.27
Downside Intraday Target	327.03
Upside Intraday Target	426.67
Upside Intraday Target	453.83
Downside Intraday Target	390.43

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	399.50	369.00	417.60	354.20	4.988 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
16 Tue Jul 2024	399.50	360.00	417.60	344.95	1.748 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, and volume has increased substantially. This means that the move can 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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. 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 385.89 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.