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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 2024-11-27 View latest technical analysis

10 day averaged volume of Nitin Spinners is 134565

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	399.70	396.00	412.65	387.55	2.052 times
26 Tue Nov 2024	394.90	376.95	399.90	375.45	0.928 times
25 Mon Nov 2024	376.95	378.20	383.95	371.15	0.729 times
22 Fri Nov 2024	376.85	360.85	379.00	357.10	1.082 times
21 Thu Nov 2024	361.30	366.75	375.00	357.45	1.254 times
19 Tue Nov 2024	369.40	385.85	396.45	367.30	1.831 times
18 Mon Nov 2024	384.80	388.80	391.50	380.05	0.391 times
14 Thu Nov 2024	388.80	386.25	397.00	385.05	0.474 times
13 Wed Nov 2024	389.40	396.50	404.00	386.10	0.825 times
12 Tue Nov 2024	401.40	406.00	417.80	399.00	0.604 times

Stock of Nitin Spinners (NITINSPIN) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 417.4 or till 439.6. Use a stoploss of 398.84 and if this stock hits its stoploss, then it can fall down till 380.3

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	344.95
Downside Target	371.15
Upside Target	412.65
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	376.35
Downside Intraday Target	353
Upside Intraday Target	417.85
Upside Intraday Target	436
Downside Intraday Target	394.5

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	399.70	378.20	412.65	371.15	0.814 times
22 Fri Nov 2024	376.85	388.80	396.45	357.10	1.204 times
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

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
27 Wed Nov 2024	399.70	421.90	433.20	357.10	1.251 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Nitin Spinners ( (NITINSPIN) ) based on a short to mid 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Nitin Spinners in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. 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 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 383.2 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 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.