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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 2024-08-05 View latest technical analysis

10 day averaged volume of Nitin Spinners is 653586

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	409.80	420.00	424.60	400.00	0.671 times
02 Fri Aug 2024	421.90	410.00	423.00	406.05	0.335 times
01 Thu Aug 2024	412.65	425.35	428.70	411.10	0.308 times
31 Wed Jul 2024	425.40	433.00	436.30	421.95	0.31 times
30 Tue Jul 2024	433.25	423.80	442.70	417.55	0.546 times
29 Mon Jul 2024	421.75	431.95	440.95	420.05	0.523 times
26 Fri Jul 2024	426.60	438.00	444.00	423.00	0.426 times
25 Thu Jul 2024	438.00	434.95	447.05	427.60	0.967 times
24 Wed Jul 2024	432.15	414.75	435.00	410.85	0.834 times
23 Tue Jul 2024	414.75	430.45	430.45	391.55	0.948 times

My analysis of stock is bullish for shortterm, and stock might move up till 430.6 or till 466. Use a stoploss of 401.13 and if this stock hits its stoploss, then it can fall down till 371.66

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	391.55
Downside Target	400.00
Upside Target	417.60
Upside Target	424.60
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	398.33
Downside Intraday Target	386.87
Upside Intraday Target	422.93
Upside Intraday Target	436.07
Upside Intraday Target	411.47

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	409.80	420.00	424.60	400.00	0.332 times
02 Fri Aug 2024	421.90	431.95	442.70	406.05	0.253 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

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
05 Mon Aug 2024	409.80	425.35	428.70	400.00	0.078 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Nitin Spinners in short term but the sell signal is initial and weak.

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 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 negative zone. This is the SELL 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 424.55 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 positive

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