NITINSPIN - Breakout TrianglePrice consolidate since July 2024 and it breakout the triangle pattern today in Daytimeframe.
Next report date
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EPS estimate
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Revenue estimate
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31.20 INR
1.75 B INR
33.06 B INR
24.42 M
About NITIN SPINNERS LTD
Sector
Industry
Website
Headquarters
Bhilwara
Founded
1992
ISIN
INE229H01012
FIGI
BBG000BZVTP4
Nitin Spinners Ltd. engages in the manufacture of cotton yarn and knitted fabric. Its products include apparels and garments, under garments, terry towels, woven fabrics, home furnishings, carpets, denim, industrial textiles, medical textiles and socks. It operates under the Within India and Outside India geographical segments. The company was founded by Dinesh Nolkha on October 15, 1992 and is headquartered in Bhilwara, India.
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
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 try
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
See all ideas
Summarizing what the indicators are suggesting.
Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of NITINSPIN is 400.35 INR — it has increased by 3.18% in the past 24 hours. Watch NITIN SPINNERS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange NITIN SPINNERS LTD stocks are traded under the ticker NITINSPIN.
NITINSPIN stock has risen by 5.61% compared to the previous week, the month change is a 9.41% rise, over the last year NITIN SPINNERS LTD has showed a 15.89% increase.
We've gathered analysts' opinions on NITIN SPINNERS LTD future price: according to them, NITINSPIN price has a max estimate of 563.00 INR and a min estimate of 563.00 INR. Watch NITINSPIN chart and read a more detailed NITIN SPINNERS LTD stock forecast: see what analysts think of NITIN SPINNERS LTD and suggest that you do with its stocks.
NITINSPIN reached its all-time high on Dec 18, 2024 with the price of 494.35 INR, and its all-time low was 3.20 INR and was reached on Mar 27, 2009. View more price dynamics on NITINSPIN chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
NITINSPIN stock is 3.79% volatile and has beta coefficient of 1.17. Track NITIN SPINNERS LTD stock price on the chart and check out the list of the most volatile stocks — is NITIN SPINNERS LTD there?
Today NITIN SPINNERS LTD has the market capitalization of 21.92 B, it has increased by 2.84% over the last week.
Yes, you can track NITIN SPINNERS LTD financials in yearly and quarterly reports right on TradingView.
NITIN SPINNERS LTD is going to release the next earnings report on Aug 4, 2025. Keep track of upcoming events with our Earnings Calendar.
NITINSPIN net income for the last quarter is 463.69 M INR, while the quarter before that showed 447.79 M INR of net income which accounts for 3.55% change. Track more NITIN SPINNERS LTD financial stats to get the full picture.
Yes, NITINSPIN dividends are paid annually. The last dividend per share was 2.50 INR. As of today, Dividend Yield (TTM)% is 0.64%. Tracking NITIN SPINNERS LTD dividends might help you take more informed decisions.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. NITIN SPINNERS LTD EBITDA is 4.71 B INR, and current EBITDA margin is 14.26%. See more stats in NITIN SPINNERS LTD financial statements.
Like other stocks, NITINSPIN shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade NITIN SPINNERS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So NITIN SPINNERS LTD technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating NITIN SPINNERS LTD stock shows the buy signal. See more of NITIN SPINNERS LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.