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 2024-11-29 View latest technical analysis

10 day averaged volume of Nitin Spinners is 146848

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	405.30	407.45	409.70	402.05	0.481 times
28 Thu Nov 2024	406.50	400.05	411.70	389.70	1.234 times
27 Wed Nov 2024	399.70	396.00	412.65	387.55	1.881 times
26 Tue Nov 2024	394.90	376.95	399.90	375.45	0.85 times
25 Mon Nov 2024	376.95	378.20	383.95	371.15	0.668 times
22 Fri Nov 2024	376.85	360.85	379.00	357.10	0.991 times
21 Thu Nov 2024	361.30	366.75	375.00	357.45	1.15 times
19 Tue Nov 2024	369.40	385.85	396.45	367.30	1.677 times
18 Mon Nov 2024	384.80	388.80	391.50	380.05	0.358 times
14 Thu Nov 2024	388.80	386.25	397.00	385.05	0.434 times

My analysis of stock is bullish for shortterm, and stock might move up till 417.6 or till 439.9. Use a stoploss of 399.04 and if this stock hits its stoploss, then it can fall down till 380.47

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	380.08
Downside Intraday Target	354.87
Upside Intraday Target	421.58
Upside Intraday Target	437.87
Downside Intraday Target	396.37

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	405.30	378.20	412.65	371.15	1.224 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
29 Fri Nov 2024	405.30	421.90	433.20	357.10	1.352 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 green color and prices are above the green cloud Prices appear to be coming down

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 and the buying is gaining 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 385.73 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 negative.

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