NITIN SPINNER SWING TRADE IDEANITIN SPINNERS trend line breakout done and retest done can look for swing trade once it closes abv todays candle high point closing bases with ur prefered RR.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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27.60 INR
1.32 B INR
28.81 B INR
17.50 M
About NITIN SPINNERS LTD
Sector
Industry
Headquarters
Bhilwara
Website
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.
NITIN SPINNINER DAILY TIME FRAME The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this
Play accordingly Watchout my full analysis and play accordingly. It's only my view not a recommendation.
Nitin SpinnersNitin Spinners looks like a good weekly volume breakout and gave pullback.
Seems like a good buy above pullback.
Have a safe trade.
Swing trade idea for Monday in Nitin Spinners x
👋 Hey there! Ready to dive into the trading game? I'm your go-to Technical Analyst for some cool trade observations and trading wisdom. Just a heads up, my recommendations are all about learning and watching – no pressure to jump in. Let's break down those charts and turn them into some savvy tr
Cup and Handle in NITINSPINTextile sector is outperforming Nifty. Textbook style cup and handle breakout in the stock.
NITIN SPINNERS LTDA nice consolidation pattern. Now, moving beyond the BC bar. However, the volume is not picking up. But the delivery volume is picking indicating interested buying. A good close beyond 370 with volume support will take the stock to next lap of higher prices.
Nitinspin cup and handle pattern on weekly time framenitin spinner showing nice cup and handle pattern on weekly time frame
possible target T1 400
T2 488
in comming 2-3 months
entry @ re-test at 334
See all ideas
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of NITINSPIN is 396.45 INR — it has decreased by −2.34% 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 fallen by −6.03% compared to the previous week, the month change is a 2.47% rise, over the last year NITIN SPINNERS LTD has showed a 35.08% increase.
We've gathered analysts' opinions on NITIN SPINNERS LTD future price: according to them, NITINSPIN price has a max estimate of 507.00 INR and a min estimate of 507.00 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 Aug 7, 2024 with the price of 474.00 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 4.19% volatile and has beta coefficient of 0.55. 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 22.27 B, it has increased by 4.21% 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 Jan 30, 2025. Keep track of upcoming events with our Earnings Calendar.
NITINSPIN net income for the last quarter is 421.62 M INR, while the quarter before that showed 421.17 M INR of net income which accounts for 0.11% 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 0.63%. Tracking NITIN SPINNERS LTD dividends might help you take more informed decisions.
NITIN SPINNERS LTD dividend yield was 0.77% in 2023, and payout ratio reached 10.69%. The year before the numbers were 1.11% and 8.53% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 10, 2024, the company has 7.39 K employees. See our rating of the largest employees — is NITIN SPINNERS LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. NITIN SPINNERS LTD EBITDA is 4.53 B INR, and current EBITDA margin is 12.42%. 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 sell today, and its 1 week rating is 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.