Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-27 View latest technical analysis

10 day averaged volume of Nitco is 295493

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	85.84	85.00	89.98	83.78	2.751 times
26 Thu Sep 2024	84.57	84.05	85.80	83.74	1.219 times
25 Wed Sep 2024	84.19	85.00	86.20	83.41	0.908 times
24 Tue Sep 2024	85.47	84.55	88.00	84.55	1.744 times
23 Mon Sep 2024	84.71	83.66	86.39	82.25	0.75 times
20 Fri Sep 2024	83.66	83.49	84.51	82.63	0.405 times
19 Thu Sep 2024	82.78	85.90	86.44	80.20	1.3 times
18 Wed Sep 2024	85.33	85.20	86.53	84.80	0.636 times
17 Tue Sep 2024	85.98	86.96	87.30	84.90	0.718 times
16 Mon Sep 2024	85.12	86.95	87.69	84.11	1.03 times

Stock of Nitco (NITCO) has showed a significant upmove. This could be a good time to enter in this stock!

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 86.1 as stoploss in an intra day sell trade for a target of 84.79. However, stock will show a bullish move above 86.1.

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	88.75
Upside Target	88.90
Upside Target	89.98
Upside Target	94.70

Intraday share price targets for Nitco (NITCO)

Target Type	Value
Downside Intraday Target	82.07
Downside Intraday Target	78.29
Upside Intraday Target	89.8
Upside Intraday Target	93.75
Upside Intraday Target	86.02

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	85.84	83.66	89.98	82.25	1.803 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nitco (NITCO)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	85.84	84.05	89.98	80.20	0.522 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 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 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 to mid 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 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 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. Bulls are getting tired and bears 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 SELL signal in short term and selling is picking up 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 84.94 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.