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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 2024-12-24 View latest technical analysis

10 day averaged volume of Nitin Spinners is 271740

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	455.00	465.95	465.95	451.00	0.432 times
23 Mon Dec 2024	468.40	463.00	479.30	453.55	1.249 times
20 Fri Dec 2024	457.40	482.10	484.50	454.00	0.601 times
19 Thu Dec 2024	478.60	486.00	486.00	470.05	0.616 times
18 Wed Dec 2024	487.65	482.20	494.35	478.40	1.254 times
17 Tue Dec 2024	478.55	478.75	487.00	472.55	0.681 times
16 Mon Dec 2024	476.85	474.65	485.70	471.65	0.975 times
13 Fri Dec 2024	470.20	473.00	475.40	461.65	1.019 times
12 Thu Dec 2024	473.70	474.00	491.90	470.00	0.963 times
11 Wed Dec 2024	470.85	478.40	489.20	467.35	0.952 times

My analysis of stock is bullish for shortterm, and stock might move up till 480.8 or till 512.7. Use a stoploss of 454.31 and if this stock hits its stoploss, then it can fall down till 427.79

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	351.25
Downside Target	371.15
Downside Target	380.00
Downside Target	400.00
Downside Target	412.65
Downside Target	424.90
Downside Target	449.90
Upside Target	456.20
Upside Target	474.00
Upside Target	479.30
Upside Target	494.30
Upside Target	494.35

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	444.23
Downside Intraday Target	433.47
Upside Intraday Target	472.53
Upside Intraday Target	490.07
Upside Intraday Target	461.77

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	455.00	463.00	479.30	451.00	0.408 times
20 Fri Dec 2024	457.40	474.65	494.35	454.00	0.519 times
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

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
24 Tue Dec 2024	455.00	404.85	494.35	402.30	1.5 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, and volume has increased substantially. This means that the move can 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 Weak and stock is losing momentum.

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

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 but buying is losing 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 473.26 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.