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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 2024-10-24 View latest technical analysis

10 day averaged volume of Nitin Spinners is 107733

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	391.60	399.60	402.70	389.10	0.318 times
23 Wed Oct 2024	399.60	401.85	411.00	396.10	0.874 times
22 Tue Oct 2024	404.05	410.05	412.35	392.05	1.924 times
21 Mon Oct 2024	410.00	411.50	412.40	398.55	0.646 times
18 Fri Oct 2024	406.35	409.00	409.95	395.15	0.532 times
17 Thu Oct 2024	409.85	410.10	417.60	404.00	0.774 times
16 Wed Oct 2024	407.95	405.10	415.00	404.05	0.554 times
15 Tue Oct 2024	408.40	412.85	413.85	395.00	0.712 times
14 Mon Oct 2024	411.05	408.05	413.00	399.10	1.25 times
11 Fri Oct 2024	405.85	390.05	408.75	385.35	1.541 times

My analysis of stock is bearish for shortterm, and stock might move down till 379.6 or till 363.1. Use a stoploss of 393.36 and if the stock hits stoploss, then it can shoot up till 407.11

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	293.00
Downside Target	344.95
Downside Target	366.30
Downside Target	380.00
Upside Target	405.45
Upside Target	408.75
Upside Target	412.40
Upside Target	417.60
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	383
Downside Intraday Target	374.4
Upside Intraday Target	406.3
Upside Intraday Target	421
Upside Intraday Target	397.7

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	391.60	411.50	412.40	389.10	0.984 times
18 Fri Oct 2024	406.35	408.05	417.60	395.00	0.566 times
11 Fri Oct 2024	405.85	376.65	408.75	351.25	2.242 times
04 Fri Oct 2024	374.05	386.00	389.90	366.30	0.871 times
27 Fri Sep 2024	390.55	401.20	405.45	385.70	0.637 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
24 Thu Oct 2024	391.60	381.50	417.60	351.25	0.837 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 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 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 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 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 BUY signal for Nitin Spinners in short term but the buy 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. 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 406.08 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 negative.

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