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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.

Showing technical analysis as on 2024-02-21 View latest technical analysis

10 day averaged volume of Nandan Denim is 604254

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	39.35	38.95	39.40	37.55	2.35 times
20 Tue Feb 2024	37.55	37.35	37.55	36.10	1.163 times
19 Mon Feb 2024	35.80	35.00	35.80	33.50	0.873 times
16 Fri Feb 2024	34.10	33.50	34.35	33.05	0.413 times
15 Thu Feb 2024	32.85	32.95	33.10	31.60	0.395 times
14 Wed Feb 2024	32.30	30.65	33.25	30.65	0.669 times
13 Tue Feb 2024	32.20	32.75	34.70	32.15	0.998 times
12 Mon Feb 2024	33.85	34.05	36.90	33.45	1.894 times
09 Fri Feb 2024	35.20	37.05	38.20	35.20	0.633 times
08 Thu Feb 2024	37.05	38.80	38.80	36.50	1.396 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 39.7, for a target of 36.4 or 33.67

Share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Target	20.40
Downside Target	21.10
Downside Target	22.00
Downside Target	26.00
Downside Target	28.40
Downside Target	29.15
Downside Target	30.25
Downside Target	32.45
Downside Target	32.75
Downside Target	33.50
Downside Target	36.90
Downside Target	38.80
Upside Target	39.40

Intraday share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Intraday Target	35.43
Downside Intraday Target	31.52
Upside Intraday Target	41.33
Upside Intraday Target	43.32
Downside Intraday Target	37.42

Weekly technical analysis of Nandan Denim (NDL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	39.35	35.00	39.40	33.50	1.004 times
16 Fri Feb 2024	34.10	34.05	36.90	30.65	0.612 times
09 Fri Feb 2024	35.20	33.60	38.80	31.25	2.035 times
02 Fri Feb 2024	32.45	28.50	32.45	28.40	0.915 times
30 Thu Nov 2023	30.10	32.40	32.75	29.15	0.245 times

Price has moved up 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
21 Wed Feb 2024	39.35	30.95	39.40	30.25	14.169 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
31 Tue Oct 2023	22.55	25.30	26.00	20.40	0.381 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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.

Price action analysis of Nandan Denim ( (NDL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nandan Denim in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nandan Denim Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Nandan Denim in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 35.82 and Nandan Denim (NDL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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