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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 2024-08-08 View latest technical analysis

10 day averaged volume of Nitin Spinners is 598964

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	442.40	460.50	467.50	439.50	0.887 times
07 Wed Aug 2024	460.90	443.55	474.00	430.75	2.767 times
06 Tue Aug 2024	436.45	414.50	457.80	414.50	2.774 times
05 Mon Aug 2024	409.80	420.00	424.60	400.00	0.732 times
02 Fri Aug 2024	421.90	410.00	423.00	406.05	0.365 times
01 Thu Aug 2024	412.65	425.35	428.70	411.10	0.336 times
31 Wed Jul 2024	425.40	433.00	436.30	421.95	0.339 times
30 Tue Jul 2024	433.25	423.80	442.70	417.55	0.596 times
29 Mon Jul 2024	421.75	431.95	440.95	420.05	0.57 times
26 Fri Jul 2024	426.60	438.00	444.00	423.00	0.464 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 441.4, but if it comes below 441.4, then a intra day sell could be more profitable.
If you take a sell trade below 441.4, then use 441.4 as stoploss and 414.59 as target. However if you take a buy trade in stock , then use 441.4 as stoploss and 473.5 as target.

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
Downside Target	417.60
Upside Target	442.70
Upside Target	447.05
Upside Target	474.00

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	403.6
Downside Intraday Target	364.8
Upside Intraday Target	477.6
Upside Intraday Target	512.8
Downside Intraday Target	438.8

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	442.40	420.00	474.00	400.00	3.245 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 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
08 Thu Aug 2024	442.40	425.35	474.00	400.00	0.426 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 up 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 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 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 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 438.64 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.