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 2024-06-20 View latest technical analysis

10 day averaged volume of Nip Ind is 13268873

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	37.26	37.48	37.48	37.13	0.401 times
19 Wed Jun 2024	37.31	37.29	37.38	36.95	0.936 times
18 Tue Jun 2024	37.13	37.04	37.25	36.91	0.712 times
14 Fri Jun 2024	37.02	37.28	37.48	36.97	0.407 times
13 Thu Jun 2024	37.28	37.00	37.37	37.00	0.642 times
12 Wed Jun 2024	36.96	37.12	37.35	36.91	0.515 times
11 Tue Jun 2024	36.92	37.09	37.17	36.86	0.518 times
10 Mon Jun 2024	36.94	37.95	37.95	36.76	1.812 times
07 Fri Jun 2024	37.48	36.42	37.58	36.30	2.61 times
06 Thu Jun 2024	36.30	35.83	36.40	35.30	1.116 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 37.2, but if it comes below 37.2, then a intra day sell could be more profitable.
If you take a sell trade below 37.2, then use 37.2 as stoploss and 36.26 as target. However if you take a buy trade in stock , then use 37.2 as stoploss and 38.3 as target.

Share price targets for Nip Ind (ITBEES)

Target Type	Value
Downside Target	34.01
Downside Target	36.35
Upside Target	37.35
Upside Target	37.48
Upside Target	37.58
Upside Target	37.95
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	36.95
Downside Intraday Target	36.65
Upside Intraday Target	37.52
Upside Intraday Target	37.79
Downside Intraday Target	37.22

Weekly technical analysis of Nip Ind (ITBEES)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	37.26	37.04	37.48	36.91	0.526 times
14 Fri Jun 2024	37.02	37.95	37.95	36.76	0.634 times
07 Fri Jun 2024	37.48	35.75	37.58	34.01	1.657 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

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
20 Thu Jun 2024	37.26	35.75	37.95	34.01	0.927 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Nip Ind ( (ITBEES) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Nip Ind ( (ITBEES) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Nip Ind ( (ITBEES) ) based on a mid to longer 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.

ADX buy sell signal for Nip Ind stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nip Ind in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Nip Ind in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 37.1 and Nip Ind (ITBEES) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.