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NITCO Limited

NITCO.BO Technical Analysis Summary (BSE)

Analyze NITCO.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NITCO.BO●BSE
Basic MaterialsConstruction Materials
₹93.40
₹3.60(4.009%)
Indian Market opens in 46h 41m

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

NITCO.BO Technical Analysis Summary (BSE)

NITCO Limited (BSE: NITCO.BO) stock currently shows a bearish trend on the BSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 39.76)
Trend Strength:Moderate (ADX: 25.90)
Volatility:Medium (ATR: 4.13)
Support/Resistance:$86.65 – $110.61 (Bollinger Bands)

Technical conditions suggest NITCO Limited on the BSE is awaiting a decisive move. Technical conditions suggest NITCO Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 39.76

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 8.00

Bullish
Oversold zone signals rebound potential.

Williams %R: -80.50

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -13.24

Strongly Bearish
Sharp downside momentum.

Takeaway:NITCO Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -3.82

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.90

Moderate
Moderate trend, direction gaining strength.

ATR (14): 4.13

Medium
Medium volatility, healthy price movement.

CCI (14): -53.27

Bearish
Bearish, momentum remains under pressure.

Takeaway:NITCO Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$110.61
Middle Band (SMA 20)
$98.63
Lower Band
$86.65
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$105.48
Middle Line (EMA 20)
$97.22
Lower Channel
$88.95
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume1.67M
Money Flow Index11.29Bullish, oversold conditions signal rebound potential.
Relative Vigor Index24.49Bearish, price momentum favors sellers.

Overall Takeaway:NITCO.BO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of NITCO Limited (BSE: NITCO.BO), here are the key trading signals and recommendations:

Bullish Signals

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:NITCO Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: NITCO.BO) Technical Analysis FAQ