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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 2024-09-20 View latest technical analysis

10 day averaged volume of Nitco is 316872

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	83.66	83.49	84.51	82.63	0.377 times
19 Thu Sep 2024	82.78	85.90	86.44	80.20	1.213 times
18 Wed Sep 2024	85.33	85.20	86.53	84.80	0.593 times
17 Tue Sep 2024	85.98	86.96	87.30	84.90	0.67 times
16 Mon Sep 2024	85.12	86.95	87.69	84.11	0.96 times
13 Fri Sep 2024	85.03	88.00	88.00	84.60	1.203 times
12 Thu Sep 2024	86.53	84.05	88.20	83.50	0.846 times
11 Wed Sep 2024	84.50	85.00	86.60	82.98	1.368 times
10 Tue Sep 2024	84.71	83.85	86.24	83.55	1.476 times
09 Mon Sep 2024	82.74	84.00	84.08	81.49	1.112 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 83.4 as stoploss in an intra day buy trade for a target of 85.08. However, stock will show a bearish move below 83.4.

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	74.00
Downside Target	76.55
Downside Target	80.20
Upside Target	83.70
Upside Target	87.69
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	80.01
Downside Intraday Target	76.36
Upside Intraday Target	87.5
Upside Intraday Target	91.34
Upside Intraday Target	83.85

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	83.66	86.95	87.69	80.20	0.635 times
13 Fri Sep 2024	85.03	84.00	88.20	81.49	1.463 times
06 Fri Sep 2024	83.57	84.05	88.75	81.00	0.282 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

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
20 Fri Sep 2024	83.66	84.05	88.75	80.20	0.349 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 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

Price action analysis of Nitco ( (NITCO) ) 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 Nitco stock for short term is SELL. Signal strength is Weak and stock is losing 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 getting stronger in this stock.

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

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

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 84.54 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.