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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 2025-01-21 View latest technical analysis

10 day averaged volume of Nitin Spinners is 110693

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	408.80	412.75	421.45	405.00	1.13 times
20 Mon Jan 2025	412.75	399.25	414.25	395.40	0.823 times
17 Fri Jan 2025	399.20	399.50	402.95	396.10	0.403 times
16 Thu Jan 2025	399.40	407.10	408.90	398.00	0.67 times
15 Wed Jan 2025	403.80	405.70	413.85	401.70	1.161 times
14 Tue Jan 2025	400.90	388.10	408.00	385.10	0.987 times
13 Mon Jan 2025	388.90	393.45	393.45	377.85	1.509 times
10 Fri Jan 2025	394.25	395.00	403.25	385.95	1.032 times
09 Thu Jan 2025	397.70	399.10	406.15	396.00	0.52 times
08 Wed Jan 2025	402.15	414.90	415.65	396.70	2.158 times

My analysis of stock is bearish for shortterm, and stock might move down till 397.5 or till 372.9. Use a stoploss of 417.99 and if the stock hits stoploss, then it can shoot up till 438.47

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	351.25
Downside Target	377.85
Downside Target	395.40
Upside Target	413.85
Upside Target	431.60
Upside Target	433.20
Upside Target	436.05
Upside Target	449.90
Upside Target	455.00
Upside Target	479.30
Upside Target	494.35

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	395.65
Downside Intraday Target	382.5
Upside Intraday Target	421.7
Upside Intraday Target	434.6
Downside Intraday Target	408.55

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	408.80	399.25	421.45	395.40	0.413 times
17 Fri Jan 2025	399.20	393.45	413.85	377.85	0.747 times
10 Fri Jan 2025	394.25	431.60	431.60	385.95	1.81 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

Price has moved up 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
21 Tue Jan 2025	408.80	445.00	455.00	377.85	0.303 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Nitin Spinners stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nitin Spinners Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Nitin Spinners in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 400.55 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.