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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 2024-11-14 View latest technical analysis

10 day averaged volume of Nitin Spinners is 217853

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	388.80	386.25	397.00	385.05	0.293 times
13 Wed Nov 2024	389.40	396.50	404.00	386.10	0.51 times
12 Tue Nov 2024	401.40	406.00	417.80	399.00	0.373 times
11 Mon Nov 2024	409.95	392.50	412.80	385.15	1.163 times
08 Fri Nov 2024	396.45	401.00	410.00	393.50	0.837 times
07 Thu Nov 2024	405.95	432.95	432.95	391.35	3.852 times
06 Wed Nov 2024	430.25	427.00	433.20	425.15	0.529 times
05 Tue Nov 2024	425.65	416.10	428.80	413.95	0.456 times
04 Mon Nov 2024	417.35	420.00	429.40	414.05	0.916 times
01 Fri Nov 2024	423.75	421.90	428.50	418.50	0.323 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 392.3, but if it comes above 392.3, then a intra day buy could be more profitable.
If you take a sell trade below 392.3, then use 392.3 as stoploss and 377 as target. However if you take a buy trade in stock , then use 392.3 as stoploss and 405.01 as target.

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	376.63
Downside Intraday Target	364.47
Upside Intraday Target	409.38
Upside Intraday Target	429.97
Upside Intraday Target	397.22

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	388.80	392.50	417.80	385.05	0.355 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 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
14 Thu Nov 2024	388.80	421.90	433.20	385.05	0.806 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 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 green color and prices are in or below the green 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 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 408.07 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 positive

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