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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 2024-09-04 View latest technical analysis

10 day averaged volume of Nitco is 795570

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	86.16	85.00	87.10	84.01	0.235 times
03 Tue Sep 2024	85.75	81.13	88.15	81.13	0.531 times
02 Mon Sep 2024	81.92	84.05	85.69	81.00	0.337 times
30 Fri Aug 2024	84.70	85.25	87.30	84.01	0.251 times
29 Thu Aug 2024	84.30	87.90	88.80	83.70	0.575 times
28 Wed Aug 2024	88.55	85.10	89.40	84.39	0.939 times
27 Tue Aug 2024	84.88	88.90	90.40	84.04	1.043 times
26 Mon Aug 2024	88.16	89.70	94.70	85.00	2.981 times
23 Fri Aug 2024	86.43	81.45	88.80	77.10	2.112 times
22 Thu Aug 2024	81.23	83.00	85.00	80.20	0.834 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 86.3 as stoploss in an intra day sell trade for a target of 81.54. However, stock will show a bullish move above 86.3.

Share price targets for Nitco (NITCO)

Target Type	Value
Downside Target	21.30
Downside Target	34.35
Downside Target	69.00
Downside Target	70.80
Downside Target	73.00
Downside Target	76.55
Downside Target	81.00
Upside Target	88.15
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	82.06
Downside Intraday Target	77.95
Upside Intraday Target	89.21
Upside Intraday Target	92.25
Downside Intraday Target	85.1

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	86.16	84.05	88.15	81.00	0.191 times
30 Fri Aug 2024	84.70	89.70	94.70	83.70	1.263 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

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 Nitco (NITCO)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	86.16	84.05	88.15	81.00	0.069 times
30 Fri Aug 2024	84.70	78.00	94.70	70.80	2.198 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

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 Nitco (NITCO)

Price action analysis of Nitco ( (NITCO) ) 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 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 gaining momentum.

MACD generated a SELL signal for Nitco in short term but the sell signal is initial and weak.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Nitco is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 86.19 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.