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 2024-11-12 View latest technical analysis

10 day averaged volume of Nitin Spinners is 231154

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	401.40	406.00	417.80	399.00	0.352 times
11 Mon Nov 2024	409.95	392.50	412.80	385.15	1.096 times
08 Fri Nov 2024	396.45	401.00	410.00	393.50	0.789 times
07 Thu Nov 2024	405.95	432.95	432.95	391.35	3.63 times
06 Wed Nov 2024	430.25	427.00	433.20	425.15	0.499 times
05 Tue Nov 2024	425.65	416.10	428.80	413.95	0.43 times
04 Mon Nov 2024	417.35	420.00	429.40	414.05	0.863 times
01 Fri Nov 2024	423.75	421.90	428.50	418.50	0.304 times
31 Thu Oct 2024	416.10	407.50	424.90	401.00	0.982 times
30 Wed Oct 2024	407.55	400.30	418.60	393.40	0.809 times

My analysis of stock is bearish for shortterm, and stock might move down till 395.4 or till 381.4. Use a stoploss of 406.99 and if the stock hits stoploss, then it can shoot up till 418.6

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	344.95
Downside Target	374.15
Upside Target	412.40
Upside Target	417.80
Upside Target	424.90
Upside Target	428.50
Upside Target	433.20
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	385.1
Downside Intraday Target	368.8
Upside Intraday Target	417.75
Upside Intraday Target	434.1
Upside Intraday Target	401.45

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	401.40	392.50	417.80	385.15	0.233 times
08 Fri Nov 2024	396.45	420.00	433.20	391.35	2.049 times
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

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
12 Tue Nov 2024	401.40	421.90	433.20	385.15	0.736 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

MACD generated a SELL signal for Nitin Spinners in short term but the sell 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Nitin Spinners in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 410.3 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 positive

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