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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 2024-08-19 View latest technical analysis

10 day averaged volume of Nitin Spinners is 544947

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	433.45	426.40	435.70	421.60	0.223 times
16 Fri Aug 2024	417.20	417.50	428.50	410.70	0.22 times
14 Wed Aug 2024	413.80	411.90	419.60	406.70	0.341 times
13 Tue Aug 2024	415.70	437.00	442.45	412.20	0.516 times
12 Mon Aug 2024	436.95	433.40	442.95	427.95	0.331 times
09 Fri Aug 2024	433.40	443.55	446.70	430.60	0.32 times
08 Thu Aug 2024	442.40	460.50	467.50	439.50	0.975 times
07 Wed Aug 2024	460.90	443.55	474.00	430.75	3.042 times
06 Tue Aug 2024	436.45	414.50	457.80	414.50	3.049 times
05 Mon Aug 2024	409.80	420.00	424.60	400.00	0.805 times

My analysis of stock is bullish for shortterm, and stock might move up till 440 or till 454.6. Use a stoploss of 427.85 and if this stock hits its stoploss, then it can fall down till 415.71

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	366.30
Downside Target	377.90
Downside Target	391.55
Downside Target	400.00
Downside Target	421.60
Upside Target	435.70
Upside Target	442.95
Upside Target	447.05
Upside Target	474.00

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	424.8
Downside Intraday Target	416.15
Upside Intraday Target	438.9
Upside Intraday Target	444.35
Downside Intraday Target	430.25

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	433.45	426.40	435.70	421.60	0.158 times
16 Fri Aug 2024	417.20	433.40	442.95	406.70	0.172 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

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
19 Mon Aug 2024	433.45	425.35	474.00	400.00	0.522 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nitin Spinners Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Nitin Spinners in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 439.97 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.