Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-22 View latest technical analysis

10 day averaged volume of Nitin Spinners is 344805

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	444.90	430.45	447.95	430.45	0.721 times
21 Wed Aug 2024	430.45	431.80	434.50	427.10	0.311 times
20 Tue Aug 2024	425.70	439.00	440.25	422.10	0.259 times
19 Mon Aug 2024	433.45	426.40	435.70	421.60	0.352 times
16 Fri Aug 2024	417.20	417.50	428.50	410.70	0.348 times
14 Wed Aug 2024	413.80	411.90	419.60	406.70	0.538 times
13 Tue Aug 2024	415.70	437.00	442.45	412.20	0.816 times
12 Mon Aug 2024	436.95	433.40	442.95	427.95	0.523 times
09 Fri Aug 2024	433.40	443.55	446.70	430.60	0.505 times
08 Thu Aug 2024	442.40	460.50	467.50	439.50	1.541 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 441.3, but if it comes below 441.3, then a intra day sell could be more profitable.
If you take a sell trade below 441.3, then use 441.3 as stoploss and 429.03 as target. However if you take a buy trade in stock , then use 441.3 as stoploss and 456.1 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	366.30
Downside Target	377.90
Downside Target	391.55
Downside Target	400.00
Downside Target	421.60
Downside Target	442.70
Upside Target	447.05
Upside Target	447.95
Upside Target	474.00

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	428.35
Downside Intraday Target	411.8
Upside Intraday Target	454.7
Upside Intraday Target	464.5
Downside Intraday Target	438.15

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	444.90	426.40	447.95	421.60	0.739 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
22 Thu Aug 2024	444.90	425.35	474.00	400.00	0.563 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 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 and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 431.79 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 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.