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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 2024-08-06 View latest technical analysis

10 day averaged volume of Nip Ind is 8862461

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	41.22	41.30	42.20	40.97	0.635 times
05 Mon Aug 2024	41.30	42.19	42.19	40.52	2.465 times
02 Fri Aug 2024	42.59	43.50	43.50	42.52	1.586 times
01 Thu Aug 2024	43.60	43.77	43.89	43.41	0.58 times
31 Wed Jul 2024	43.68	43.80	43.97	43.52	0.365 times
30 Tue Jul 2024	43.62	44.25	44.25	43.40	0.501 times
29 Mon Jul 2024	43.71	43.75	44.22	43.32	0.654 times
26 Fri Jul 2024	43.75	42.76	43.85	42.76	0.869 times
25 Thu Jul 2024	42.76	42.86	42.91	42.42	0.677 times
24 Wed Jul 2024	42.85	43.38	43.38	42.67	0.595 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 41 as stoploss in an intra day buy trade for a target of 42.22. However, stock will show a bearish move below 41.

Share price targets for Nip Ind (ITBEES)

Target Type	Value
Downside Target	34.01
Downside Target	37.35
Downside Target	39.60
Downside Target	40.52
Upside Target	41.33
Upside Target	42.20
Upside Target	42.52
Upside Target	43.49
Upside Target	43.85
Upside Target	43.89
Upside Target	44.25

Intraday share price targets for Nip Ind (ITBEES)

Target Type	Value
Downside Intraday Target	40.43
Downside Intraday Target	39.63
Upside Intraday Target	42.11
Upside Intraday Target	42.99
Upside Intraday Target	41.31

Weekly technical analysis of Nip Ind (ITBEES)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	41.22	42.19	42.20	40.52	0.841 times
02 Fri Aug 2024	42.59	43.75	44.25	42.52	0.764 times
26 Fri Jul 2024	43.75	42.40	43.85	41.71	0.742 times
19 Fri Jul 2024	42.61	42.00	43.49	41.33	1.029 times
12 Fri Jul 2024	41.61	40.25	41.85	39.60	0.797 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 Nip Ind (ITBEES)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	41.22	43.77	43.89	40.52	0.194 times
31 Wed Jul 2024	43.68	38.60	44.25	38.52	1.006 times
28 Fri Jun 2024	38.60	35.75	38.75	34.01	1.38 times
31 Fri May 2024	34.70	35.26	37.35	34.58	0.89 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Nip Ind in short term but BUY signal is weak.

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 42.53 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 positive

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