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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 2024-06-04 View latest technical analysis

10 day averaged volume of Nip Ind is 8980945

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	34.76	35.19	35.48	34.01	1.544 times
03 Mon Jun 2024	34.92	35.75	35.90	34.77	0.949 times
31 Fri May 2024	34.70	35.18	35.18	34.58	1.051 times
30 Thu May 2024	35.01	35.88	35.88	34.80	1.652 times
29 Wed May 2024	35.71	36.00	36.19	35.68	1.013 times
28 Tue May 2024	36.01	36.24	36.45	35.98	0.694 times
27 Mon May 2024	36.16	36.33	36.33	35.91	1.07 times
24 Fri May 2024	35.98	36.35	36.35	35.94	0.878 times
23 Thu May 2024	36.13	35.69	36.20	35.55	1.467 times
22 Wed May 2024	35.69	35.51	35.80	35.51	0.584 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 35, but if it comes above 35, then a intra day buy could be more profitable.
If you take a sell trade below 35, then use 35 as stoploss and 34.4 as target. However if you take a buy trade in stock , then use 35 as stoploss and 35.42 as target.

Share price targets for Nip Ind (ITBEES)

Target Type	Value
Downside Target	34.01
Upside Target	36.35
Upside Target	36.45
Upside Target	36.69
Upside Target	37.35
Upside Target	37.98
Upside Target	38.62
Upside Target	41.15
Upside Target	41.56

Intraday share price targets for Nip Ind (ITBEES)

Target Type	Value
Downside Intraday Target	33.88
Downside Intraday Target	33
Upside Intraday Target	35.77
Upside Intraday Target	36.78
Upside Intraday Target	34.89

Weekly technical analysis of Nip Ind (ITBEES)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	34.76	35.75	35.90	34.01	0.455 times
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

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
04 Tue Jun 2024	34.76	35.75	35.90	34.01	0.129 times
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

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 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 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 losing 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 weakening, and bulls 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 Nip Ind in short term and SELL signal is strong!

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 35.44 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.