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 setup. its purely based on my technical analysis only...
Good consolidation near resistance could do wonders.
Good consolidation near resistance. Could do wonders.
Watchout my full analysis and play accordingly. It's only my view not a recommendation.
Nitin Spinners looks like a good weekly volume breakout and gave pullback. Seems like a good buy above pullback. Have a safe trade.
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Textile sector is outperforming Nifty. Textbook style cup and handle breakout in the stock.
A 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.
nitin 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
Positional Trade Nitin Spinners At CMP Target 431-695 points from entry Hold a few months Please consult your financial advisor before investing All research is for educational purposes only. Stock is ready to cross past barriers in daily, Daily time frames.
Hello friends in this weekend i'm sharing couple of breakout stocks 2nd one is Nitin Spinners this stock giving a breakout of its all time high with Massive volume and the target is 450 to 500 and holding period 1 week to 1 month. you can check the first stock in my profile.
NSE:NITINSPIN Making Flag pattern and its breakout Rsi is above 60 Already revesed from breakout retest level My target is 370
*Nitin Spinners Ltd* P&F Formation on Yearly Basis. RB Formation on Monthly Basis. Strong Vol Consolidation & Continued Heavy BuiltUp. RSI: 1H>D>W>M Resistance @325. Once Crosses & Sustains. Then Good to Go!!! Trail SL with Upside. Book Profit as per Risk Appetite. Do Your Own Research as well. This is an Opinion. Happy Investing 😇
*Nitin Spinners Ltd* P&F Formation on Yearly Basis. RB Formation on Monthly Basis. Strong Vol Consolidation & Continued Heavy BuiltUp. RSI: 1H>D>W>M Resistance @325. Once Crosses & Sustains. Then Good to Go!!! Trail SL with Upside. Book Profit as per Risk Appetite. Do Your Own Research as well. This is an Opinion. Happy Investing 😇
Looks good above 278 and chart looks good all the Daily, Weekly and Monthly timeframes
Nitin spinner fundamentals are strong . W pattern breakout with positive trend and sector in focus
Take Fresh Entry above 278 closing in Nitin Spinners. The targets will be 294 and 306 for now. Keep a trailing stop loss at closing below 230. MFs are increasing holding in the stock. FII are increasing hold in the stock dramatically. EPS of the company increasing. Zero Promoter Pledge. PE is 5.3 so the valuations are excellent. Only negative is cost on projects...
NITIN SPINNERS Gave breakout of Double rounding bottom pattern its should be in your watchlist.