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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 2024-10-25 View latest technical analysis

10 day averaged volume of Nitin Spinners is 98308

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	381.20	392.40	395.05	377.60	0.526 times
24 Thu Oct 2024	391.60	399.60	402.70	389.10	0.349 times
23 Wed Oct 2024	399.60	401.85	411.00	396.10	0.958 times
22 Tue Oct 2024	404.05	410.05	412.35	392.05	2.109 times
21 Mon Oct 2024	410.00	411.50	412.40	398.55	0.708 times
18 Fri Oct 2024	406.35	409.00	409.95	395.15	0.583 times
17 Thu Oct 2024	409.85	410.10	417.60	404.00	0.849 times
16 Wed Oct 2024	407.95	405.10	415.00	404.05	0.607 times
15 Tue Oct 2024	408.40	412.85	413.85	395.00	0.78 times
14 Mon Oct 2024	411.05	408.05	413.00	399.10	1.37 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 379 as stoploss in an intra day buy trade for a target of 393.01. However, stock will show a bearish move below 379.

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	293.00
Downside Target	344.95
Downside Target	366.30
Downside Target	377.60
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	368.4
Downside Intraday Target	355.6
Upside Intraday Target	403.2
Upside Intraday Target	425.2
Upside Intraday Target	390.4

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	381.20	411.50	412.40	377.60	1.11 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
25 Fri Oct 2024	381.20	381.50	417.60	351.25	0.861 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 but buying is losing 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 404.64 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.