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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 2024-08-01 View latest technical analysis

10 day averaged volume of Nitin Spinners is 707879

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	412.65	425.35	428.70	411.10	0.284 times
31 Wed Jul 2024	425.40	433.00	436.30	421.95	0.286 times
30 Tue Jul 2024	433.25	423.80	442.70	417.55	0.504 times
29 Mon Jul 2024	421.75	431.95	440.95	420.05	0.483 times
26 Fri Jul 2024	426.60	438.00	444.00	423.00	0.393 times
25 Thu Jul 2024	438.00	434.95	447.05	427.60	0.893 times
24 Wed Jul 2024	432.15	414.75	435.00	410.85	0.77 times
23 Tue Jul 2024	414.75	430.45	430.45	391.55	0.875 times
22 Mon Jul 2024	430.45	410.65	442.85	410.60	4.435 times
19 Fri Jul 2024	387.00	415.60	417.00	381.10	0.436 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 426.8 as stoploss in an intra day sell trade for a target of 396.05. However, stock will show a bullish move above 426.8.

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	293.00
Downside Target	305.00
Downside Target	324.60
Downside Target	344.95
Downside Target	354.20
Downside Target	366.30
Downside Target	377.90
Downside Target	411.10
Upside Target	417.60
Upside Target	428.70
Upside Target	442.70
Upside Target	447.05

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	401.6
Downside Intraday Target	390.55
Upside Intraday Target	433.2
Upside Intraday Target	453.75
Upside Intraday Target	422.15

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	412.65	431.95	442.70	411.10	0.211 times
26 Fri Jul 2024	426.60	410.65	447.05	391.55	1.468 times
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

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
01 Thu Aug 2024	412.65	425.35	428.70	411.10	0.018 times
31 Wed Jul 2024	425.40	360.00	447.05	344.95	4.865 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

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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Nitin Spinners in short term and the buy 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. 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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 426.66 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.