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(NDL) Nandan Denim complete technical analysis [charts+indicators] | Buy/Sell Nandan Denim | (NDL) share price targets

Complete technical analysis of Nandan Denim (NDL) by charts plus indicators, forecast predictions and share price targets for Nandan Denim (NDL)

Nandan Denim trades in NSE in Textiles sector.

10 day averaged volume of Nandan Denim is 278867

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 32.30 32.70 33.35 32.05 2.362 times
27 Wed Mar 2024 32.25 33.60 33.60 32.20 0.709 times
26 Tue Mar 2024 33.75 34.00 34.40 33.25 0.69 times
22 Fri Mar 2024 33.90 35.50 35.65 33.85 0.912 times
21 Thu Mar 2024 35.60 36.25 36.25 34.65 0.644 times
20 Wed Mar 2024 34.55 32.65 34.55 32.35 1.155 times
19 Tue Mar 2024 32.95 33.60 34.00 32.50 1.591 times
18 Mon Mar 2024 33.25 34.05 34.65 32.70 0.628 times
15 Fri Mar 2024 33.85 32.50 34.20 31.95 0.999 times
14 Thu Mar 2024 32.60 30.80 34.00 30.80 1.988 times

Stock of Nandan Denim (NDL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32.9, but if it comes above 32.9, then a intra day buy could be more profitable.
If you take a sell trade below 32.9, then use 32.9 as stoploss and 30.8 as target. However if you take a buy trade in stock , then use 32.9 as stoploss and 34.74 as target.

Share price targets for Nandan Denim (NDL)

Target Type Value
Downside Target 20.40
Downside Target 22.00
Downside Target 26.00
Downside Target 28.40
Downside Target 30.25
Downside Target 32.05
Upside Target 34.40
Upside Target 36.25
Upside Target 38.00
Upside Target 38.90
Upside Target 40.00

Intraday share price targets for Nandan Denim (NDL)

Target Type Value
Downside Intraday Target 31.43
Downside Intraday Target 30.57
Upside Intraday Target 33.78
Upside Intraday Target 35.27
Upside Intraday Target 32.92

Weekly technical analysis of Nandan Denim (NDL)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 32.30 34.00 34.40 32.05 0.763 times
22 Fri Mar 2024 33.90 34.05 36.25 32.35 0.676 times
15 Fri Mar 2024 33.85 37.10 38.90 30.80 0.587 times
07 Thu Mar 2024 37.05 37.45 38.00 34.80 1.643 times
02 Sat Mar 2024 37.45 38.05 40.00 34.85 0.544 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Nandan Denim (NDL)

Date Monthly Closing Price Open High Low Volume
28 Thu Mar 2024 32.30 37.20 38.90 30.80 0.585 times
29 Thu Feb 2024 36.95 30.95 40.00 30.25 18.124 times
31 Wed Jan 2024 30.25 28.50 30.25 28.40 0.056 times
30 Thu Nov 2023 30.10 22.55 32.75 22.00 4.677 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Nandan Denim (NDL)

Price action analysis of Nandan Denim ( (NDL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nandan Denim ( (NDL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nandan Denim ( (NDL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nandan Denim ( (NDL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Nandan Denim stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nandan Denim in short term but the sell signal is initial and weak.

Nandan Denim Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Nandan Denim in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nandan Denim is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.24 and Nandan Denim (NDL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Nandan Denim (NDL) stock. Volume based technical analysis of Nandan Denim (NDL) stock is negative.

Nandan Denim Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Nandan Denim ( (NDL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nandan Denim ( (NDL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nandan Denim ( (NDL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nandan Denim ( (NDL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Nandan Denim stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nandan Denim in short term but the sell signal is initial and weak.

Nandan Denim Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Nandan Denim in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nandan Denim is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.24 and Nandan Denim (NDL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Nandan Denim (NDL) stock. Volume based technical analysis of Nandan Denim (NDL) stock is negative.

Nandan Denim Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Nandan Denim charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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