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(ITBEES) Nip Ind complete technical analysis [charts+indicators] | Buy/Sell Nip Ind | (ITBEES) share price targets

Complete technical analysis of Nip Ind (ITBEES) by charts plus indicators, forecast predictions and share price targets for Nip Ind (ITBEES)

Showing technical analysis as on 2024-05-06 View latest technical analysis

10 day averaged volume of Nip Ind is 9417251

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	35.23	34.99	35.35	34.95	0.629 times
03 Fri May 2024	34.94	35.75	35.75	34.59	2.565 times
02 Thu May 2024	35.23	35.26	35.54	35.07	0.655 times
30 Tue Apr 2024	35.25	35.86	35.88	35.19	1.025 times
29 Mon Apr 2024	35.63	35.68	35.98	35.57	0.748 times
26 Fri Apr 2024	35.68	36.65	36.65	35.55	1.135 times
25 Thu Apr 2024	35.58	35.36	35.68	35.00	0.668 times
24 Wed Apr 2024	35.49	35.85	35.88	35.43	0.622 times
23 Tue Apr 2024	35.76	35.71	35.94	35.63	0.529 times
22 Mon Apr 2024	35.59	35.43	35.73	35.32	0.84 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 35.2 as stoploss in an intra day buy trade for a target of 36.08. However, stock will show a bearish move below 35.2.

Share price targets for Nip Ind (ITBEES)

Target Type	Value
Downside Target	34.59
Upside Target	36.69
Upside Target	37.01
Upside Target	37.25
Upside Target	37.98
Upside Target	38.62
Upside Target	40.00
Upside Target	41.15
Upside Target	41.56

Intraday share price targets for Nip Ind (ITBEES)

Target Type	Value
Downside Intraday Target	35
Downside Intraday Target	34.78
Upside Intraday Target	35.4
Upside Intraday Target	35.58
Downside Intraday Target	35.18

Weekly technical analysis of Nip Ind (ITBEES)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	35.23	34.99	35.35	34.95	0.126 times
03 Fri May 2024	34.94	35.68	35.98	34.59	1.316 times
26 Fri Apr 2024	35.68	35.43	36.65	35.00	0.594 times
19 Fri Apr 2024	35.42	37.25	37.25	34.75	1.551 times
12 Fri Apr 2024	37.18	37.20	37.98	37.01	0.901 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 Nip Ind (ITBEES)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Mon May 2024	35.23	35.26	35.75	34.59	0.186 times
30 Tue Apr 2024	35.25	37.88	37.98	34.75	1.979 times
28 Thu Mar 2024	37.05	41.15	41.15	36.69	0.999 times
29 Thu Feb 2024	39.97	39.50	41.56	38.62	0.72 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 Nip Ind (ITBEES)

Price action analysis of Nip Ind ( (ITBEES) ) 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 Nip Ind ( (ITBEES) ) 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 Nip Ind ( (ITBEES) ) 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 Nip Ind stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nip Ind 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.

Nip Ind 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 Nip Ind 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nip Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 35.34 and Nip Ind (ITBEES) 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 Nip Ind (ITBEES) stock. Volume based technical analysis of Nip Ind (ITBEES) stock is negative.

Nip Ind 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.