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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 2024-10-09 View latest technical analysis

10 day averaged volume of Nitco is 444991

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	85.06	85.98	85.98	84.00	1.234 times
08 Tue Oct 2024	84.47	78.26	85.33	77.99	0.986 times
07 Mon Oct 2024	78.26	82.80	84.44	75.51	1.683 times
04 Fri Oct 2024	81.57	83.40	83.50	81.52	0.424 times
03 Thu Oct 2024	82.10	82.90	84.98	81.56	0.695 times
01 Tue Oct 2024	83.45	84.00	85.38	82.80	0.459 times
30 Mon Sep 2024	83.49	86.00	86.06	81.95	1.356 times
27 Fri Sep 2024	85.84	85.00	89.98	83.78	1.827 times
26 Thu Sep 2024	84.57	84.05	85.80	83.74	0.81 times
25 Wed Sep 2024	84.19	85.00	86.20	83.41	0.603 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 85.9 as stoploss in an intra day sell trade for a target of 84.11. However, stock will show a bullish move above 85.9.

Share price targets for Nitco (NITCO)

Target Type	Value
Downside Target	69.00
Downside Target	70.80
Downside Target	74.00
Downside Target	75.51
Downside Target	80.20
Upside Target	85.98
Upside Target	86.06
Upside Target	87.69
Upside Target	88.20
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	78.39
Downside Intraday Target	71.71
Upside Intraday Target	88.86
Upside Intraday Target	92.65
Downside Intraday Target	82.18

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	85.06	82.80	85.98	75.51	1.33 times
04 Fri Oct 2024	81.57	86.00	86.06	81.52	0.599 times
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

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
09 Wed Oct 2024	85.06	84.00	85.98	75.51	0.339 times
30 Mon Sep 2024	83.49	84.05	89.98	80.20	0.569 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

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 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 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 Strong and stock is losing 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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

Although the stock is in the BUY zone, but buying 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 83.28 and Nitco (NITCO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.