Mobile app version of munafa.org
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(NITINSPIN_BE) Nitin Spinners complete technical analysis [charts+indicators] | Buy/Sell Nitin Spinners | (NITINSPIN_BE) share price targets

Complete technical analysis of Nitin Spinners (NITINSPIN_BE) by charts plus indicators, forecast predictions and share price targets for Nitin Spinners (NITINSPIN_BE)

10 day averaged volume of Nitin Spinners is 129417

Date Daily Closing Price Open High Low Volume
01 Fri Apr 2022 237.70 227.00 237.70 227.00 0.581 times
31 Thu Mar 2022 226.40 234.55 234.55 225.00 1.624 times
30 Wed Mar 2022 231.35 237.05 243.00 227.05 1.229 times
29 Tue Mar 2022 237.05 249.00 250.00 236.90 2.152 times
28 Mon Mar 2022 249.35 265.00 265.00 248.85 1.115 times
25 Fri Mar 2022 261.90 273.90 273.90 260.10 0.549 times
24 Thu Mar 2022 270.40 273.00 277.00 266.00 0.436 times
23 Wed Mar 2022 270.60 271.00 274.50 269.10 0.608 times
22 Tue Mar 2022 267.80 267.90 271.00 264.00 0.704 times
21 Mon Mar 2022 266.40 272.90 274.00 265.00 0.902 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 244.5, but if it comes above 244.5, then a intra day buy could be more profitable.
If you take a sell trade below 244.5, then use 244.5 as stoploss and 223.5 as target. However if you take a buy trade in stock , then use 244.5 as stoploss and 261.96 as target.

Share price targets for Nitin Spinners (NITINSPIN_BE)

Target Type Value
Downside Target 225.00
Downside Target 237.70
Upside Target 255.20
Upside Target 275.00
Upside Target 277.00
Upside Target 280.00
Upside Target 284.80
Upside Target 292.50
Upside Target 302.95

Intraday share price targets for Nitin Spinners (NITINSPIN_BE)

Target Type Value
Downside Intraday Target 220.13
Downside Intraday Target 202.57
Upside Intraday Target 260.13
Upside Intraday Target 282.57
Upside Intraday Target 242.57

Weekly technical analysis of Nitin Spinners (NITINSPIN_BE)

Date Weekly Closing Price Open High Low Volume
01 Fri Apr 2022 237.70 265.00 265.00 225.00 2.095 times
25 Fri Mar 2022 261.90 272.90 277.00 260.10 1.986 times
17 Thu Mar 2022 268.95 266.50 275.00 263.00 0.366 times
25 Fri Feb 2022 263.75 281.00 284.80 255.50 11.67 times
18 Fri Feb 2022 282.30 285.90 292.50 280.00 0.037 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nitin Spinners (NITINSPIN_BE)

Date Monthly Closing Price Open High Low Volume
01 Fri Apr 2022 237.70 227.00 237.70 227.00 0.053 times
31 Thu Mar 2022 226.40 266.50 277.00 225.00 2.285 times
25 Fri Feb 2022 263.75 285.90 292.50 255.50 0.466 times
07 Fri Jan 2022 301.65 259.80 302.95 255.20 1.176 times

Scroll below to view daily charts

Price has moved up 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_BE)

Price action analysis of Nitin Spinners ( (NITINSPIN_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Nitin Spinners stock for short term is SELL. Signal strength is Strong and stock is losing 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Nitin Spinners in short term but BUY 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 245.78 and Nitin Spinners (NITINSPIN_BE) 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_BE) stock. Volume based technical analysis of Nitin Spinners (NITINSPIN_BE) 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.

Price action analysis of Nitin Spinners ( (NITINSPIN_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Nitin Spinners stock for short term is SELL. Signal strength is Strong and stock is losing 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Nitin Spinners in short term but BUY 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 245.78 and Nitin Spinners (NITINSPIN_BE) 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_BE) stock. Volume based technical analysis of Nitin Spinners (NITINSPIN_BE) 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.

Click here for Nitin Spinners charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme