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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)

10 day averaged volume of Nitin Spinners is 204438

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 369.40 385.85 396.45 367.30 1.205 times
18 Mon Nov 2024 384.80 388.80 391.50 380.05 0.257 times
14 Thu Nov 2024 388.80 386.25 397.00 385.05 0.312 times
13 Wed Nov 2024 389.40 396.50 404.00 386.10 0.543 times
12 Tue Nov 2024 401.40 406.00 417.80 399.00 0.398 times

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 368.2, for a target of 386.7 or 402.08

Share price targets for Nitin Spinners (NITINSPIN)

Target Type Value
Downside Target 344.95
Downside Target 367.30
Upside Target 417.80
Upside Target 418.60
Upside Target 424.90
Upside Target 428.50
Upside Target 433.20
Upside Target 447.05
Upside Target 449.90
Upside Target 474.00

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type Value
Downside Intraday Target 358.98
Downside Intraday Target 348.57
Upside Intraday Target 388.13
Upside Intraday Target 406.87
Upside Intraday Target 377.72

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 369.40 388.80 396.45 367.30 0.587 times
14 Thu Nov 2024 388.80 392.50 417.80 385.05 0.355 times
08 Fri Nov 2024 396.45 420.00 433.20 391.35 2.965 times
01 Fri Nov 2024 423.75 400.30 428.50 393.40 1.2 times
30 Wed Oct 2024 407.55 381.20 418.60 374.15 0.883 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
19 Tue Nov 2024 369.40 421.90 433.20 367.30 0.861 times
31 Thu Oct 2024 416.10 381.50 424.90 351.25 1.238 times
30 Mon Sep 2024 383.30 425.95 449.90 380.00 0.309 times
30 Fri Aug 2024 421.85 425.35 474.00 400.00 0.635 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 8, 29, 57 Sell
MACD -7, -1Sell
Stochastics 7Sell
CCI -129Sell
RSI 51Buy
OBV -994744Sell
VWAP 401Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

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 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 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 401.36 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 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

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