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Nitin Spinners Ltd

Stage 2 · Advancing · week 30Setup 5.7 ★ FairEven -3.2

As of 16 Oct 2026, Nitin Spinners is in Stage 2 — advancing, the uptrend phase, in week 30 (since 20 Mar 2026). It closed at ₹654, at its 52-week high and above its 200-day average, which is rising. In Consumer Discretionary, 29.1% of stocks are in Stage 2.

Nitin Spinners Limited manufactures and sells cotton and blended yarns, knitted fabrics, and finished woven fabrics in India and internationally. More about the company

₹653.9
+5.17% today
₹3,676 Cr · Small cap
Market Neutral — FadingConsumer Discretionary 29.1% in Stage 2-5.5 pts / 20dTextiles 29.1%-2.6 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

5.7 ★ Fair

Momentum

Steady

Edge

Even -3.2

Setup-score rank among Stage 2 peers: #12 of 37 in Textiles · #54 of 139 in Consumer Discretionary

Is NITINSPIN early, or has it already run? Pro answers that for every NSE stock, after every close.

Loading price chart…
vs 52W High
-0.2%
₹305.4 lo₹655.1 hi
Near 52W high
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 30
1w13w26w
Week 30 — mature, watch for distribution
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
36.5%
200 DMA: ₹478.9 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
2.76x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↓
MA20 rolling over · -1.7% vs MA50 +4.4%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
+4.1%
3M
+18.8%
6M
+59.4%
YTD
+103.2%
1Y
+105.8%
Sector
Consumer Discretionary
↓ Peaking
Stage 2%
29.1%
20d Δ
-5.5pp
1M return
-2.1%
3M return
+0.3%
Sector Stage-2 % · last 20 days
This stock ranks #12 of 131 Stage 2 stocks in Consumer Discretionary by RS. Leading the sector.
Industry
Textiles
↓ Peaking
Stage 2%
29.1%
20d Δ
-2.6pp
1M return
-0.1%
3M return
+2.7%
Industry Stage-2 % · last 20 days
Ranks #3 of 35 Stage 2 stocks in this industry. Top tier.
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 36w
S2 15w
S4 28w
S2 30w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 2w → S3 4w → S2 36w → S3 8w → S2 15w → S3 8w → S2 9w → S3 2w → S4 11w → S1 8w → S2 4w → S3 1w → S4 28w → S1 4w → S2 30w current
Total tracked: 169 weeks across 15 stage runs.
Scan Membership
Prop Scan
Latest: 2026-10-16
Pullback Hunter
Latest: 2026-08-24
60 appearances in last 60 days. First seen: 2026-07-21.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-16S2
Wk 30 · Vol 2.76x
2026-10-15S2
Wk 30 · Vol 0.36x
2026-10-14S2
Wk 29 · Vol 0.86x
2026-10-13S2
Wk 29 · Vol 0.52x
2026-10-12S2
Wk 29 · Vol 0.50x
2026-10-09S2
Wk 29 · Vol 0.34x
2026-10-08S2
Wk 29 · Vol 0.39x
2026-10-07S2
Wk 28 · Vol 0.17x
2026-10-06S2
Wk 28 · Vol 0.31x
2026-10-05S2
Wk 28 · Vol 0.41x
2026-10-01S2
Wk 28 · Vol 0.64x
2026-09-30S2
Wk 28 · Vol 0.23x
Sector Peers — Stage 2All →
SHANTIGOLD
wk 18 · 0.0% from hi
10.0
DPABHUSHAN
wk 8 · -5.9% from hi
9.2
SBC
wk 61 · -1.4% from hi
9.1
DELTACORP
wk 1 · -5.1% from hi
8.8
ISFT
wk 5 · -3.5% from hi
8.6
Moving averages & range
50 DMA
₹608.6
200 DMA
₹478.9
52W High
₹655.1
52W Low
₹305.4
5D Low
₹609.5
Resistance levels (recent highs)
20d High
₹653.9
60d High
₹655.1
120d High
₹655.1
250d High
₹655.1
Next resistance
+0.2%
to 60d High
P/E (TTM)
15.7
Forward 10.4
Earnings Growth (YoY)
+23.7%
Revenue +2.2%
ROE
+12.8%
Profit margin +5.5%
Dividend Yield
0.60%
P/B 1.9
About this companyConsumer Discretionary· Textiles

Nitin Spinners Limited manufactures and sells cotton and blended yarns, knitted fabrics, and finished woven fabrics in India and internationally. The company offers yarn products comprising cotton and poly/cotton blended, ring spun combed and carded, open end, compact, slub, core spun, multifold, twist, gassed, contamination free, and dye-able cheese/cones yarns, as well as yarn products made from Supima Giza, Organic, BCI cotton, and recycled fibres, etc.; and yarns with count range 6 to 100s. Its yarn products are used in woven and knitted apparel, tea bags, furnishing and medical fabrics, denims, and terry tow applications. The company also provides knitted fabrics, such as single jersey, lycra blended fabrics, pique and interlock structures, rib structures, 2T and 3T fleece fabrics, and open width with elastene for use in inner and comfort wear, sportswear, winterwear, and babywear applications. In addition, it offers finished and printed woven fabrics, including cotton spandex, poly/cotton spandex, RFD, bleached, dyed, print and yarn dyed, cotton viscose, and viscose and rayon fabrics; special finishes, such as teflon, wrinkle free, water repellant, nano care, soil release, anti-bacteria finish, aero finish, and bio polish; various weaves, which include twills, gabardines, broken twill, ripstop, canvas, mattie's, ducks, plain tussor, dobby, cord, and ottoman, etc.; and health and eco-friendly fabrics made from BCI/organic cotton. The company's finished and printed woven fabrics are used in fashion and image wear, uniforms, health care and hotel apparel, industrial and protective wear, and defense wear applications. It exports its products to approximately 55 countries. Nitin Spinners Limited was incorporated in 1992 and is headquartered in Bhilwara, India.

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.