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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 2024-07-19 View latest technical analysis

10 day averaged volume of Nitin Spinners is 399551

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	387.00	415.60	417.00	381.10	0.773 times
18 Thu Jul 2024	405.65	399.70	417.60	399.50	1.637 times
16 Tue Jul 2024	399.50	382.20	417.60	382.20	4.514 times
15 Mon Jul 2024	381.65	369.00	394.00	354.20	1.964 times
12 Fri Jul 2024	357.15	355.90	362.30	353.00	0.23 times
11 Thu Jul 2024	354.30	352.35	359.50	351.80	0.186 times
10 Wed Jul 2024	352.30	356.65	356.65	344.95	0.375 times
09 Tue Jul 2024	354.65	365.60	366.55	353.00	0.211 times
08 Mon Jul 2024	363.75	364.35	370.20	360.75	0.297 times
05 Fri Jul 2024	363.75	366.25	368.40	359.60	0.366 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 382.8, but if it comes below 382.8, then a intra day sell could be more profitable.
If you take a sell trade below 382.8, then use 382.8 as stoploss and 366.03 as target. However if you take a buy trade in stock , then use 382.8 as stoploss and 402.9 as target.

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	354.93
Downside Intraday Target	322.87
Upside Intraday Target	418.33
Upside Intraday Target	449.67
Downside Intraday Target	386.27

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	387.00	369.00	417.60	354.20	6.844 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
19 Fri Jul 2024	387.00	360.00	417.60	344.95	2.172 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 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 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 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.

ADX buy sell signal for Nitin Spinners stock for short term is BUY. Signal strength is Strong and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 389.68 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 positive

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