NITINSPIN - Breakout TrianglePrice consolidate since July 2024 and it breakout the triangle pattern today in Daytimeframe.
NITINSPIN trade ideas
NITINSPIN - Breakout Setup, Move is ON..NSE:NITINSPIN
✅ #NITINSPIN trading above Resistance of 434
✅ Next Resistance is at 560
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NITINSPIN Ready to FlyHey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Range Bound in daily & Weekly TF.
* From Dec 2023 to July 2024 its in range.
* From Feb 2024 to July 2024 Tested & Moving Resistance Many times.
* It's Break resistance Zone and trying to Sustain above Resistance Zone with good volume.
* Volume Accumulation (Volume is Rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NITIN SPINNERS STOCKNSE:NITINSPIN Stock is likely to break out of an inverse head & shoulder pattern.
Buy sustain above 355 rupees.
Target 1 is 365 to 369 rupees.
Target 2 is 375 to 385 rupees.
Stoploss below 335 rupees (One Day Candle Closed).
Trading at bottom of the channle Moving in channel
Trading at the bottom of channel
Sequential targets: 380 / 395
(Gradually till the top of the channel)
SL: 340 (Will trail with targets)
Buy Call For NITINSPINsymbol NITINSPIN
company nitin spinners limited
type long term & swing trade
price 388
date of entry 06-02-2024
risk market slowdown
NITINSPIN - BUY ACTIVEMAHLIFE - Nitin Spinners Limited
NITINSPIN - BUY ACTIVE
Chart Insights : Weekly Chart
We can see stock formed the cup & handle pattern and retest also completed. Expecting Good move upside, find support lines in chart
NITINSPINTextile sector can rally a little and NITINSPINNER is on radar since it reversed and made a CUP & HANDLE pattern. Expecting double return.
NOTE: I'm not a SEBI REG. Study before investing.
NITINSPIN - SWING TRADE - 23rd November #stocksNITINSPIN (1D TF)
Swing Trade Analysis given on 23rd November, 2023 (Thursday)
Pattern: ASCENDING TRIANGLE BREAKOUT
- Volume Spike Near Neckline - Done ✓
- Retracement + Consolidation - In Progress
#stocks #swingtrade #priceaction
PricaAction in NitinSpinning1) Stock made Higher High,
2) Retracement is over
3) Priceaction is done
4) Entry above the Pin Bar
50 Stop loss and target in charts
Nitinspin, cmp 362.51. Cup and Handle breakout
2. Breakout with Volume.
3. Retest level 345
4. Do your research
NITINSPINNERSA proper risk reward observed on charts
NitinSpinners
Target- 320,334
SL-286
This chart is only for educational purpose
Nitin Spinners - breakout ?Nitin spinners was in a range from 2022 !
Now its getting ready for breakout
Good volumes
Wait for confirmation - till weekly candle close
Plan your trade
NITINSPIN - Long Setup, Move is ON..NSE:NITINSPIN
✅ #NITINSPIN trading above Resistance of 338
✅ Next Resistance is at 434
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BREAKOUT, NITIN SPINNERS, 56% RETURNSBUY - NITIN SPINNERS LTD
CMP - Rs. 316
Target - 1: Rs. 401
Target - 2: Rs. 491
.
Timeframe - 3 months - 8 months
.
Technicals - Trendline Breakout
.
This is just a view by an expert analyst, please invest at your own risk.
.
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Nitin Spinnersworth tracking for long setup, and perhaps prudent to wait for a slight dip (support formation)
NITINSPIN - Long Setup, Move is ON..NSE:NITINSPIN
✅ #NITINSPIN trading above Resistance of 277
✅ Next Resistance is at 338
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NITINSPIN - Ichimoku Bullish Breakout Stock Name - Nitin Spinners Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 250
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Higher Lows into the resistanceNITINSPIN
- HL into the resistance and then BO
- Volatility & Volume contraction
- Increased Volumes on BO
- Above all MAs
- Bullish RSI
Note: Not a buying recommendation.
Breakout in NITINSPINBreakout in NITINSPIN
Entry: CMP
Targets: 275 & 300
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
NITINSPIN | Trendline + Small resistance breakout - 20-25%NITINSPIN | Trendline + Small resistance breakout - Looks potential for 20-25% in short term
CMP : 220
SL : 210
Target : 270
1:5 risk reward setup
Nitin Spinner: On verge of channel breakoutNitin Spinner is trying to break the channel. Keep on radar for breakout.
