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 2024-12-26 View latest technical analysis

10 day averaged volume of Nitin Spinners is 237601

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	441.75	453.00	453.00	436.05	0.601 times
24 Tue Dec 2024	455.00	465.95	465.95	451.00	0.495 times
23 Mon Dec 2024	468.40	463.00	479.30	453.55	1.429 times
20 Fri Dec 2024	457.40	482.10	484.50	454.00	0.687 times
19 Thu Dec 2024	478.60	486.00	486.00	470.05	0.704 times
18 Wed Dec 2024	487.65	482.20	494.35	478.40	1.435 times
17 Tue Dec 2024	478.55	478.75	487.00	472.55	0.779 times
16 Mon Dec 2024	476.85	474.65	485.70	471.65	1.115 times
13 Fri Dec 2024	470.20	473.00	475.40	461.65	1.165 times
12 Thu Dec 2024	473.70	474.00	491.90	470.00	1.102 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 432.8 as stoploss in an intra day buy trade for a target of 456.41. However, stock will show a bearish move below 432.8.

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
Upside 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	425.43
Downside Intraday Target	409.12
Upside Intraday Target	468.68
Upside Intraday Target	495.62
Upside Intraday Target	452.37

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	441.75	463.00	479.30	436.05	0.535 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
26 Thu Dec 2024	441.75	404.85	494.35	402.30	1.543 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 to mid 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 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 SELL. Signal strength is Weak and stock is gaining 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

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 471.54 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.