Munafa Nitin Spinners Limited (NITINSPIN) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Nitin Spinners Limited (NITINSPIN) Indicator analysis

Nitin Spinners Limited stock tips (delivery Volume analysis)

Total 5 day volume for Nitin Spinners Limited is 272055, out of which 151447 went into delivery, which is 55.67 percent of total volumes

Volumes in the last session was 42088, out of which 20628 went into delivery, which is 49.01 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Nitin Spinners NITINSPIN intraday stock tips

16 Friday January Stock tips for Nitin Spinners (NITINSPIN) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Nitin Spinners NITINSPIN gave a large move recently.

My analysis of Nitin Spinners is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Nitin Spinners stays above 323.9, but if it comes below 323.9, then a intra day sell could be more profitable.
If you take a sell trade below 323.9, then use 323.9 as stoploss and 319.69 as target. However if you take a buy trade in Nitin Spinners, then use 323.9 as stoploss and 329 as target.

14 Wednesday January Stock tips for Nitin Spinners (NITINSPIN) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Nitin Spinners NITINSPIN gave a large move recently.

Although my analysis for Nitin Spinners 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 327.3, for a target of 322.7 or 318.91

13 Tuesday January Stock tips for Nitin Spinners (NITINSPIN) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Nitin Spinners NITINSPIN gave a large move recently.

Although my analysis for Nitin Spinners 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 325.4, for a target of 321.4 or 318.07

12 Monday January Stock tips for Nitin Spinners Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Nitin Spinners NITINSPIN gave a large move recently.

My analysis of Nitin Spinners is bearish for shortterm, and stock might move down till 314.2 or till 310.2. Use a stoploss of 317.44 and if the stock hits stoploss, then it can shoot up till 320.72

09 Friday January Stock tips for Nitin Spinners Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Nitin Spinners NITINSPIN gave a large move recently.

Although my analysis for Nitin Spinners is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 310.3, for a target of 314.2 or 317.5

08 Thursday January Stock tips for Nitin Spinners Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Nitin Spinners NITINSPIN gave a large move recently.

My analysis of Nitin Spinners is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Nitin Spinners stays below 315.1, but if it comes above 315.1, then a intra day buy could be more profitable.
If you take a sell trade below 315.1, then use 315.1 as stoploss and 311.4 as target. However if you take a buy trade in Nitin Spinners, then use 315.1 as stoploss and 318.15 as target.

07 Wednesday January Stock tips for Nitin Spinners Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Nitin Spinners NITINSPIN gave a large move recently.

My analysis of Nitin Spinners is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 315.5 as stoploss in an intra day buy trade for a target of 318.61. However, stock will show a bearish move below 315.5.

Nitin Spinners NITINSPIN tips for tomorrow

Tomorrow's movement Prediction of Nitin Spinners NITINSPIN is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 315.95

Tomorrow's movement Prediction of Nitin Spinners NITINSPIN is strongly bullish. It has broken a strong resistance of 326 and is expected to move up further.

Munafa value: 75

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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