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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 2024-08-12 View latest technical analysis

10 day averaged volume of Nitin Spinners is 578494

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	436.95	433.40	442.95	427.95	0.312 times
09 Fri Aug 2024	433.40	443.55	446.70	430.60	0.301 times
08 Thu Aug 2024	442.40	460.50	467.50	439.50	0.918 times
07 Wed Aug 2024	460.90	443.55	474.00	430.75	2.865 times
06 Tue Aug 2024	436.45	414.50	457.80	414.50	2.873 times
05 Mon Aug 2024	409.80	420.00	424.60	400.00	0.758 times
02 Fri Aug 2024	421.90	410.00	423.00	406.05	0.378 times
01 Thu Aug 2024	412.65	425.35	428.70	411.10	0.348 times
31 Wed Jul 2024	425.40	433.00	436.30	421.95	0.351 times
30 Tue Jul 2024	433.25	423.80	442.70	417.55	0.617 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 441.2 as stoploss in an intra day sell trade for a target of 422.53. However, stock will show a bullish move above 441.2.

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
Downside Target	427.95
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	428.95
Downside Intraday Target	420.95
Upside Intraday Target	443.95
Upside Intraday Target	450.95
Downside Intraday Target	435.95

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	436.95	433.40	442.95	427.95	0.04 times
09 Fri Aug 2024	433.40	420.00	474.00	400.00	3.377 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

Price has moved up 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
12 Mon Aug 2024	436.95	425.35	474.00	400.00	0.458 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 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 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 Weak and stock is losing 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. 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 moving up

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

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 440.04 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.