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Nitin Spinners Limited

NITINSPIN.NS Technical Analysis Summary (NSE)

Analyze NITINSPIN.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NITINSPIN.NS●NSE
IndustrialsManufacturing - Textiles
₹539.85
₹11.05(2.09%)
Indian Market opens in 15h 51m

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 (NSE)

Nitin Spinners Limited (NSE: NITINSPIN.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.79)
Trend Strength:Strong (ADX: 30.80)
Volatility:Medium (ATR: 19.43)
Support/Resistance:$529.20 – $572.08 (Bollinger Bands)

Technical conditions suggest Nitin Spinners Limited on the NSE is awaiting a decisive move. This mix signals that Nitin Spinners Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 45.79

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 12.41

Bullish
Oversold zone signals rebound potential.

Williams %R: -72.22

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.28

Bearish
Selling pressure outweighs buying.

Takeaway:Nitin Spinners Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.07

Bullish
Bullish, trend momentum is strengthening.

ADX: 30.80

Strong
Strong trend, momentum well established.

ATR (14): 19.43

Rising
Rising volatility, market activity increasing.

CCI (14): -167.80

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Nitin Spinners Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$572.08
Middle Band (SMA 20)
$550.64
Lower Band
$529.20
Current Position
Within Bands

Takeaway:Nitin Spinners Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$584.23
Middle Line (EMA 20)
$545.37
Lower Channel
$506.51
Squeeze Status
Squeeze On

Takeaway:Nitin Spinners Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume3.93M
Money Flow Index41.35Neutral, balanced money flows with no clear signal.
Relative Vigor Index39.95Bearish, price momentum favors sellers.

Overall Takeaway:NITINSPIN.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Nitin Spinners Limited (NSE: NITINSPIN.NS), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Nitin Spinners Limited are mixed, suggesting a Hold or wait-and-see approach.

(NSE: NITINSPIN.NS) Technical Analysis FAQ