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 2024-12-05 View latest technical analysis

10 day averaged volume of Nitin Spinners is 209581

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	441.00	450.00	453.70	439.40	0.644 times
04 Wed Dec 2024	449.30	447.80	456.20	441.15	1.65 times
03 Tue Dec 2024	441.65	426.00	444.95	426.00	2.317 times
02 Mon Dec 2024	421.15	404.85	425.00	402.30	0.95 times
29 Fri Nov 2024	405.30	407.45	409.70	402.05	0.337 times
28 Thu Nov 2024	406.50	400.05	411.70	389.70	0.865 times
27 Wed Nov 2024	399.70	396.00	412.65	387.55	1.318 times
26 Tue Nov 2024	394.90	376.95	399.90	375.45	0.596 times
25 Mon Nov 2024	376.95	378.20	383.95	371.15	0.468 times
22 Fri Nov 2024	376.85	360.85	379.00	357.10	0.695 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 426.3, but if it comes below 426.3, then a intra day sell could be more profitable.
If you take a sell trade below 426.3, then use 426.3 as stoploss and 402.55 as target. However if you take a buy trade in stock , then use 426.3 as stoploss and 454.8 as target.

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	351.25
Downside Target	371.15
Downside Target	380.00
Downside Target	412.65
Downside Target	417.80
Downside Target	424.90
Downside Target	433.20
Upside Target	449.90
Upside Target	456.20
Upside Target	474.00

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	410.13
Downside Intraday Target	379.27
Upside Intraday Target	464.03
Upside Intraday Target	487.07
Downside Intraday Target	433.17

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	441.00	404.85	456.20	402.30	1.552 times
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

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
05 Thu Dec 2024	441.00	404.85	456.20	402.30	0.345 times
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

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Nitin Spinners stock for short term is BUY. Signal strength is Strong and stock is losing 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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Nitin Spinners in short term but SELL 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

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 420.47 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.