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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.

10 day averaged volume of Nitin Spinners is 101522

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	389.65	402.30	409.50	384.00	1.075 times
23 Thu Jan 2025	403.95	397.90	406.95	393.50	0.522 times
22 Wed Jan 2025	397.90	411.00	411.05	386.40	1.066 times
21 Tue Jan 2025	408.80	412.75	421.45	405.00	1.232 times
20 Mon Jan 2025	412.75	399.25	414.25	395.40	0.897 times
17 Fri Jan 2025	399.20	399.50	402.95	396.10	0.44 times
16 Thu Jan 2025	399.40	407.10	408.90	398.00	0.73 times
15 Wed Jan 2025	403.80	405.70	413.85	401.70	1.266 times
14 Tue Jan 2025	400.90	388.10	408.00	385.10	1.076 times
13 Mon Jan 2025	388.90	393.45	393.45	377.85	1.646 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 393.1, but if it comes above 393.1, then a intra day buy could be more profitable.
If you take a sell trade below 393.1, then use 393.1 as stoploss and 372 as target. However if you take a buy trade in stock , then use 393.1 as stoploss and 410.6 as target.

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	351.25
Downside Target	377.85
Upside Target	402.30
Upside Target	413.85
Upside Target	431.60
Upside Target	433.20
Upside Target	436.05
Upside Target	449.90
Upside Target	455.00
Upside Target	479.30
Upside Target	494.35

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	375.28
Downside Intraday Target	360.92
Upside Intraday Target	412.73
Upside Intraday Target	435.82
Upside Intraday Target	398.37

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	389.65	399.25	421.45	384.00	0.929 times
17 Fri Jan 2025	399.20	393.45	413.85	377.85	0.747 times
10 Fri Jan 2025	394.25	431.60	431.60	385.95	1.81 times
03 Fri Jan 2025	431.60	444.70	455.00	427.00	0.561 times
27 Fri Dec 2024	442.70	463.00	479.30	436.05	0.615 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
24 Fri Jan 2025	389.65	445.00	455.00	377.85	0.352 times
31 Tue Dec 2024	443.15	404.85	494.35	402.30	1.62 times
29 Fri Nov 2024	405.30	421.90	433.20	357.10	1.352 times
31 Thu Oct 2024	416.10	381.50	424.90	351.25	1.151 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 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 mid to longer 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.

ADX buy sell signal for Nitin Spinners stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nitin Spinners in short term and the sell 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 399.77 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 negative.

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