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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 2024-12-13 View latest technical analysis

10 day averaged volume of Nitin Spinners is 328607

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	470.20	473.00	475.40	461.65	0.843 times
12 Thu Dec 2024	473.70	474.00	491.90	470.00	0.797 times
11 Wed Dec 2024	470.85	478.40	489.20	467.35	0.787 times
10 Tue Dec 2024	476.40	484.35	494.30	471.00	1.397 times
09 Mon Dec 2024	477.25	453.35	488.65	453.35	2.756 times
06 Fri Dec 2024	450.65	442.00	455.00	441.00	0.502 times
05 Thu Dec 2024	441.00	450.00	453.70	439.40	0.411 times
04 Wed Dec 2024	449.30	447.80	456.20	441.15	1.052 times
03 Tue Dec 2024	441.65	426.00	444.95	426.00	1.478 times
02 Mon Dec 2024	421.15	404.85	425.00	402.30	0.606 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 460.9, but if it comes below 460.9, then a intra day sell could be more profitable.
If you take a sell trade below 460.9, then use 460.9 as stoploss and 421.83 as target. However if you take a buy trade in stock , then use 460.9 as stoploss and 507.7 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	396.45
Downside Target	412.65
Downside Target	433.20
Downside Target	449.90
Downside Target	453.35
Downside Target	456.20
Upside Target	474.00
Upside Target	494.30

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	450.93
Downside Intraday Target	431.67
Upside Intraday Target	491.88
Upside Intraday Target	513.57
Upside Intraday Target	472.62

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	470.20	453.35	494.30	453.35	1.625 times
06 Fri Dec 2024	450.65	404.85	456.20	402.30	1.771 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

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
13 Fri Dec 2024	470.20	404.85	494.30	402.30	1.033 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 462.27 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.