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

(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 2024-05-31 View latest technical analysis

10 day averaged volume of Nip Ind is 7873733

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	34.70	35.18	35.18	34.58	1.199 times
30 Thu May 2024	35.01	35.88	35.88	34.80	1.884 times
29 Wed May 2024	35.71	36.00	36.19	35.68	1.155 times
28 Tue May 2024	36.01	36.24	36.45	35.98	0.791 times
27 Mon May 2024	36.16	36.33	36.33	35.91	1.22 times
24 Fri May 2024	35.98	36.35	36.35	35.94	1.001 times
23 Thu May 2024	36.13	35.69	36.20	35.55	1.674 times
22 Wed May 2024	35.69	35.51	35.80	35.51	0.666 times
21 Tue May 2024	35.51	35.71	35.73	35.20	0.733 times
18 Sat May 2024	35.67	35.57	37.35	35.37	0.181 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 34.6, for a target of 35.1 or 35.48

Share price targets for Nip Ind (ITBEES)

Target Type	Value
Downside Target	34.58
Upside Target	36.45
Upside Target	36.69
Upside Target	37.35
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	34.04
Downside Intraday Target	33.37
Upside Intraday Target	35.91
Upside Intraday Target	37.11
Upside Intraday Target	35.24

Weekly technical analysis of Nip Ind (ITBEES)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	34.70	36.33	36.45	34.58	1.535 times
24 Fri May 2024	35.98	35.71	36.35	35.20	1.023 times
18 Sat May 2024	35.67	34.98	37.35	34.71	1.046 times
10 Fri May 2024	34.89	34.99	35.68	34.81	0.638 times
03 Fri May 2024	34.94	35.68	35.98	34.59	1.316 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 Nip Ind (ITBEES)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	34.70	35.26	37.35	34.58	0.89 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 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 Nip Ind ( (ITBEES) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Nip Ind in short term and the sell signal is strong.

Nip Ind 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Nip Ind in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 35.62 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.