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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 2024-09-25 View latest technical analysis

10 day averaged volume of Nitco is 302794

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	84.19	85.00	86.20	83.41	0.886 times
24 Tue Sep 2024	85.47	84.55	88.00	84.55	1.702 times
23 Mon Sep 2024	84.71	83.66	86.39	82.25	0.732 times
20 Fri Sep 2024	83.66	83.49	84.51	82.63	0.395 times
19 Thu Sep 2024	82.78	85.90	86.44	80.20	1.269 times
18 Wed Sep 2024	85.33	85.20	86.53	84.80	0.621 times
17 Tue Sep 2024	85.98	86.96	87.30	84.90	0.701 times
16 Mon Sep 2024	85.12	86.95	87.69	84.11	1.005 times
13 Fri Sep 2024	85.03	88.00	88.00	84.60	1.259 times
12 Thu Sep 2024	86.53	84.05	88.20	83.50	0.885 times

My analysis of stock is bearish for shortterm, and stock might move down till 83.4 or till 81.8. Use a stoploss of 84.72 and if the stock hits stoploss, then it can shoot up till 86.03

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	80.20
Upside Target	87.69
Upside Target	88.20
Upside Target	88.75
Upside Target	88.90
Upside Target	94.70

Intraday share price targets for Nitco (NITCO)

Target Type	Value
Downside Intraday Target	81.63
Downside Intraday Target	79.06
Upside Intraday Target	87.38
Upside Intraday Target	90.56
Upside Intraday Target	84.81

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	84.19	83.66	88.00	82.25	0.832 times
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

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
25 Wed Sep 2024	84.19	84.05	88.75	80.20	0.429 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 to mid 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 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. Bulls 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 SELL signal for Nitco in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 84.89 and Nitco (NITCO) 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 Nitco (NITCO) stock. Volume based technical analysis of Nitco (NITCO) stock is negative.

Nitco 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.