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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 2025-01-08 View latest technical analysis

10 day averaged volume of Nitin Spinners is 102813

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	402.15	414.90	415.65	396.70	2.323 times
07 Tue Jan 2025	414.90	410.95	419.95	405.25	0.793 times
06 Mon Jan 2025	405.10	431.60	431.60	402.80	2.031 times
03 Fri Jan 2025	431.60	438.90	441.00	429.50	0.728 times
02 Thu Jan 2025	438.90	447.00	448.80	437.00	0.826 times
01 Wed Jan 2025	447.00	445.00	455.00	443.15	0.564 times
31 Tue Dec 2024	443.15	428.45	448.00	427.00	0.878 times
30 Mon Dec 2024	431.90	444.70	445.45	429.35	0.77 times
27 Fri Dec 2024	442.70	444.10	450.05	438.05	0.878 times
26 Thu Dec 2024	441.75	453.00	453.00	436.05	1.388 times

Stock of Nitin Spinners (NITINSPIN) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 396.7, for a target of 426.2 or 450.82

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	351.25
Downside Target	380.00
Downside Target	396.70
Upside Target	424.90
Upside Target	449.90
Upside Target	454.00
Upside Target	455.00
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	388.7
Downside Intraday Target	375.25
Upside Intraday Target	423.6
Upside Intraday Target	445.05
Upside Intraday Target	410.15

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	402.15	431.60	431.60	396.70	1.367 times
03 Fri Jan 2025	431.60	444.70	455.00	427.00	0.561 times
27 Fri Dec 2024	442.70	463.00	479.30	436.05	0.615 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

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
08 Wed Jan 2025	402.15	445.00	455.00	396.70	0.136 times
31 Tue Dec 2024	443.15	404.85	494.35	402.30	1.62 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

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 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 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 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 Strong and stock is gaining momentum.

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

Nitin Spinners Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 423.86 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.