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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 2024-09-05 View latest technical analysis

10 day averaged volume of Nitco is 782664

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	87.29	86.16	88.75	85.21	0.314 times
04 Wed Sep 2024	86.16	85.00	87.10	84.01	0.239 times
03 Tue Sep 2024	85.75	81.13	88.15	81.13	0.54 times
02 Mon Sep 2024	81.92	84.05	85.69	81.00	0.342 times
30 Fri Aug 2024	84.70	85.25	87.30	84.01	0.255 times
29 Thu Aug 2024	84.30	87.90	88.80	83.70	0.584 times
28 Wed Aug 2024	88.55	85.10	89.40	84.39	0.955 times
27 Tue Aug 2024	84.88	88.90	90.40	84.04	1.06 times
26 Mon Aug 2024	88.16	89.70	94.70	85.00	3.03 times
23 Fri Aug 2024	86.43	81.45	88.80	77.10	2.146 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 86.9, but if it comes below 86.9, then a intra day sell could be more profitable.
If you take a sell trade below 86.9, then use 86.9 as stoploss and 82.16 as target. However if you take a buy trade in stock , then use 86.9 as stoploss and 92.5 as target.

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	88.75
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	82.61
Downside Intraday Target	77.93
Upside Intraday Target	90.36
Upside Intraday Target	93.43
Downside Intraday Target	85.68

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	87.29	84.05	88.75	81.00	0.244 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
05 Thu Sep 2024	87.29	84.05	88.75	81.00	0.089 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

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 negative zone. This is the SELL 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 86.67 and Nitco (NITCO) 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 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.