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(NITCO) Nitco complete technical analysis [charts+indicators] | Buy/Sell Nitco | (NITCO) share price targets

Complete technical analysis of Nitco (NITCO) by charts plus indicators, forecast predictions and share price targets for Nitco (NITCO)

Nitco trades in NSE in Furniture-Furnishing-Paints sector.

Showing technical analysis as on 2024-08-29 View latest technical analysis

10 day averaged volume of Nitco is 828432

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	84.30	87.90	88.80	83.70	0.552 times
28 Wed Aug 2024	88.55	85.10	89.40	84.39	0.902 times
27 Tue Aug 2024	84.88	88.90	90.40	84.04	1.002 times
26 Mon Aug 2024	88.16	89.70	94.70	85.00	2.863 times
23 Fri Aug 2024	86.43	81.45	88.80	77.10	2.028 times
22 Thu Aug 2024	81.23	83.00	85.00	80.20	0.801 times
21 Wed Aug 2024	82.74	85.10	85.45	82.10	0.382 times
20 Tue Aug 2024	84.87	84.02	87.00	83.10	0.522 times
19 Mon Aug 2024	82.48	80.00	84.03	76.55	0.67 times
16 Fri Aug 2024	77.62	74.97	77.90	74.51	0.694 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 84.9 as stoploss in an intra day sell trade for a target of 79.89. However, stock will show a bullish move above 84.9.

Share price targets for Nitco (NITCO)

Target Type	Value
Downside Target	18.00
Downside Target	21.30
Downside Target	22.80
Downside Target	34.35
Downside Target	69.00
Downside Target	70.80
Downside Target	73.00
Downside Target	76.55
Downside Target	81.60
Downside Target	83.70
Upside Target	88.80
Upside Target	88.90
Upside Target	94.70

Intraday share price targets for Nitco (NITCO)

Target Type	Value
Downside Intraday Target	80.43
Downside Intraday Target	76.57
Upside Intraday Target	91.43
Upside Intraday Target	98.57
Upside Intraday Target	87.57

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	84.30	89.70	94.70	83.70	1.208 times
23 Fri Aug 2024	86.43	80.00	88.80	76.55	2.796 times
16 Fri Aug 2024	77.62	77.00	78.00	73.00	0.765 times
09 Fri Aug 2024	77.23	79.00	82.65	70.80	0.434 times
02 Fri Aug 2024	80.45	73.16	82.50	71.00	4.245 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 Nitco (NITCO)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	84.30	78.00	94.70	70.80	2.163 times
31 Wed Jul 2024	78.35	79.66	81.60	69.00	1.43 times
28 Fri Jun 2024	79.66	88.30	88.90	74.00	0.167 times
09 Thu Nov 2023	28.70	22.10	34.35	21.30	2.243 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Nitco (NITCO)

Price action analysis of Nitco ( (NITCO) ) based on a short 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 Nitco ( (NITCO) ) based on a short 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 Nitco ( (NITCO) ) 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 Nitco ( (NITCO) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Nitco stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Nitco in short term and the buy signal is strong.

Nitco Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 SELL signal for Nitco in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 Nitco is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 85.37 and Nitco (NITCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Nitco (NITCO) stock. Volume based technical analysis of Nitco (NITCO) stock is negative.

Nitco 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.