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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 2024-10-03 View latest technical analysis

10 day averaged volume of Nitin Spinners is 88004

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	375.20	379.95	386.95	367.55	1.273 times
01 Tue Oct 2024	380.05	381.50	385.30	375.15	0.989 times
30 Mon Sep 2024	383.30	386.00	389.90	380.00	0.571 times
27 Fri Sep 2024	390.55	391.85	395.00	386.00	0.651 times
26 Thu Sep 2024	388.15	394.20	396.00	385.70	0.747 times
25 Wed Sep 2024	394.35	398.95	402.00	392.90	0.755 times
24 Tue Sep 2024	397.00	397.90	405.45	392.00	1.094 times
23 Mon Sep 2024	395.80	401.20	405.15	394.40	0.981 times
20 Fri Sep 2024	401.20	398.70	404.90	390.70	1.327 times
19 Thu Sep 2024	393.55	402.75	407.90	383.20	1.704 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 371.2, for a target of 388 or 401.94

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	293.00
Downside Target	344.95
Downside Target	366.30
Upside Target	380.00
Upside Target	400.00
Upside Target	407.85
Upside Target	419.20
Upside Target	430.90
Upside Target	447.05
Upside Target	449.90
Upside Target	474.00

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	365.2
Downside Intraday Target	355.2
Upside Intraday Target	387.55
Upside Intraday Target	399.9
Upside Intraday Target	377.55

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	375.20	386.00	389.90	367.55	0.67 times
27 Fri Sep 2024	390.55	401.20	405.45	385.70	0.637 times
20 Fri Sep 2024	401.20	419.00	419.20	383.20	1.464 times
13 Fri Sep 2024	415.20	415.95	430.90	407.70	0.522 times
06 Fri Sep 2024	418.05	425.95	449.90	407.85	1.082 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
03 Thu Oct 2024	375.20	381.50	386.95	367.55	0.092 times
30 Mon Sep 2024	383.30	425.95	449.90	380.00	0.309 times
30 Fri Aug 2024	421.85	425.35	474.00	400.00	0.635 times
31 Wed Jul 2024	425.40	360.00	447.05	344.95	4.865 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Nitin Spinners stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Nitin Spinners Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 390.4 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 negative.

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