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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 2025-02-06 View latest technical analysis

10 day averaged volume of Nitin Spinners is 141645

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	393.05	401.50	401.75	392.00	0.481 times
05 Wed Feb 2025	401.45	395.00	404.00	394.40	0.52 times
04 Tue Feb 2025	394.40	404.00	405.00	392.55	0.434 times
03 Mon Feb 2025	399.80	403.00	409.00	397.55	0.543 times
31 Fri Jan 2025	414.00	392.25	418.80	391.75	1.027 times
30 Thu Jan 2025	392.25	390.00	394.70	388.50	0.427 times
29 Wed Jan 2025	390.90	386.05	393.35	383.85	0.702 times
28 Tue Jan 2025	386.05	374.50	395.20	361.10	2.296 times
27 Mon Jan 2025	370.00	385.00	391.50	364.00	2.906 times
24 Fri Jan 2025	389.65	402.30	409.50	384.00	0.77 times

My analysis of stock is bearish for shortterm, and stock might move down till 387.4 or till 375.7. Use a stoploss of 397.07 and if the stock hits stoploss, then it can shoot up till 406.77

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	351.25
Downside Target	377.85
Upside Target	402.30
Upside Target	413.85
Upside Target	418.80
Upside Target	421.45
Upside Target	424.90
Upside Target	431.60
Upside Target	433.20
Upside Target	455.00
Upside Target	494.35

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	387.03
Downside Intraday Target	381.02
Upside Intraday Target	404.03
Upside Intraday Target	415.02
Upside Intraday Target	398.02

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	393.05	403.00	409.00	392.00	0.269 times
31 Fri Jan 2025	414.00	385.00	418.80	361.10	2.143 times
24 Fri Jan 2025	389.65	399.25	421.45	384.00	0.929 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

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
06 Thu Feb 2025	393.05	403.00	409.00	392.00	0.094 times
31 Fri Jan 2025	414.00	445.00	455.00	361.10	0.543 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

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 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 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 neutral. A longer time frame might give a better analysis.

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 BUY signal for Nitin Spinners in short term but the buy signal is initial and weak.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing 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 387.37 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.