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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 2024-11-01 View latest technical analysis

10 day averaged volume of Nitin Spinners is 114489

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	423.75	421.90	428.50	418.50	0.614 times
31 Thu Oct 2024	416.10	407.50	424.90	401.00	1.982 times
30 Wed Oct 2024	407.55	400.30	418.60	393.40	1.633 times
29 Tue Oct 2024	400.30	395.80	409.00	388.40	1.209 times
28 Mon Oct 2024	394.50	381.20	402.50	374.15	0.683 times
25 Fri Oct 2024	381.20	392.40	395.05	377.60	0.452 times
24 Thu Oct 2024	391.60	399.60	402.70	389.10	0.299 times
23 Wed Oct 2024	399.60	401.85	411.00	396.10	0.822 times
22 Tue Oct 2024	404.05	410.05	412.35	392.05	1.811 times
21 Mon Oct 2024	410.00	411.50	412.40	398.55	0.608 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 413.6, but if it comes below 413.6, then a intra day sell could be more profitable.
If you take a sell trade below 413.6, then use 413.6 as stoploss and 399.97 as target. However if you take a buy trade in stock , then use 413.6 as stoploss and 430 as target.

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	344.95
Downside Target	366.30
Downside Target	374.15
Downside Target	389.90
Downside Target	408.75
Downside Target	418.50
Upside Target	424.90
Upside Target	428.50
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	389.1
Downside Intraday Target	354.45
Upside Intraday Target	443.45
Upside Intraday Target	463.15
Downside Intraday Target	408.8

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	423.75	381.20	428.50	374.15	1.533 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nitin Spinners (NITINSPIN)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	423.75	421.90	428.50	418.50	0.028 times
31 Thu Oct 2024	416.10	381.50	424.90	351.25	1.151 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

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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nitin Spinners in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 405.69 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 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.