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Nitin Spinners Limited

NITINSPIN.NS•NSE
Consumer Cyclical
Apparel - Manufacturers
₹376.95
₹-6.25(-1.63%)
Indian Market is Open • 10:42

Nitin Spinners Limited (NITINSPIN.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Nitin Spinners Limited (NSE:NITINSPIN.NS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NITINSPIN.NS Technical Analysis Summary

Nitin Spinners Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 73.69)
Trend Strength:Very Strong (ADX: 40.43)
Volatility:High (ATR: 19.25)
Support/Resistance:$309.38 – $379.26 (Bollinger Bands)

Overall, Nitin Spinners Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 73.69

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 65.84

Bullish
Buying momentum building without extremes.

Williams %R: -39.88

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 10.61

Strongly Bullish
Strong upside momentum.

Takeaway:Nitin Spinners Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 12.21

Bullish
Bullish, trend momentum is strengthening.

ADX: 40.43

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 19.25

Rising
Rising volatility, market activity increasing.

CCI (14): 175.46

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Nitin Spinners Limited shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators
Bollinger Bands
Upper Band
$379.26
Middle Band (SMA 20)
$344.32
Lower Band
$309.38
Current Position
Within Bands

Takeaway:Nitin Spinners Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$385.48
Middle Line (EMA 20)
$346.99
Lower Channel
$308.50
Squeeze Status
Squeeze On

Takeaway:Nitin Spinners Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume35.89M
Money Flow Index85.16Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index74.18Bullish, price momentum strongly favors buyers.

Overall Takeaway:NITINSPIN.NS shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Nitin Spinners Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Nitin Spinners Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ