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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 2024-10-15 View latest technical analysis

10 day averaged volume of Nitco is 1148398

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	100.03	95.20	101.79	93.23	1.939 times
14 Mon Oct 2024	94.46	92.35	99.92	90.10	4.375 times
11 Fri Oct 2024	90.84	93.50	95.00	89.10	0.898 times
10 Thu Oct 2024	92.53	85.65	93.56	85.65	2.077 times
09 Wed Oct 2024	85.06	85.98	85.98	84.00	0.478 times
08 Tue Oct 2024	84.47	78.26	85.33	77.99	0.382 times
07 Mon Oct 2024	78.26	82.80	84.44	75.51	0.652 times
04 Fri Oct 2024	81.57	83.40	83.50	81.52	0.164 times
03 Thu Oct 2024	82.10	82.90	84.98	81.56	0.269 times
01 Tue Oct 2024	83.45	84.00	85.38	82.80	0.178 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 96.6, for a target of 90.8 or 85.94

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
Downside Target	86.06
Downside Target	89.98
Downside Target	90.10
Downside Target	94.70
Downside Target	95.00
Upside Target	101.79

Intraday share price targets for Nitco (NITCO)

Target Type	Value
Downside Intraday Target	92.82
Downside Intraday Target	85.62
Upside Intraday Target	104.51
Upside Intraday Target	109
Downside Intraday Target	97.31

Weekly technical analysis of Nitco (NITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	100.03	92.35	101.79	90.10	1.407 times
11 Fri Oct 2024	90.84	82.80	95.00	75.51	3.948 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

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
15 Tue Oct 2024	100.03	84.00	101.79	75.51	1.822 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, and volume has increased substantially. This means that the move can 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 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 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 BUY signal for Nitco in short term and the buy signal is strong.

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

Nitco Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 BUY signal in short term and the buying is gaining 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 92.47 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.