Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-22 View latest technical analysis

10 day averaged volume of Nandan Denim is 651720

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	38.45	40.00	40.00	37.40	1.472 times
21 Wed Feb 2024	39.35	38.95	39.40	37.55	2.179 times
20 Tue Feb 2024	37.55	37.35	37.55	36.10	1.078 times
19 Mon Feb 2024	35.80	35.00	35.80	33.50	0.809 times
16 Fri Feb 2024	34.10	33.50	34.35	33.05	0.383 times
15 Thu Feb 2024	32.85	32.95	33.10	31.60	0.366 times
14 Wed Feb 2024	32.30	30.65	33.25	30.65	0.62 times
13 Tue Feb 2024	32.20	32.75	34.70	32.15	0.925 times
12 Mon Feb 2024	33.85	34.05	36.90	33.45	1.756 times
09 Fri Feb 2024	35.20	37.05	38.20	35.20	0.587 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 36.9, but if it comes below 36.9, then a intra day sell could be more profitable.
If you take a sell trade below 36.9, then use 36.9 as stoploss and 34 as target. However if you take a buy trade in stock , then use 36.9 as stoploss and 40.3 as target.

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
Upside Target	38.80
Upside Target	40.00

Intraday share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Intraday Target	34.63
Downside Intraday Target	30.82
Upside Intraday Target	41.13
Upside Intraday Target	43.82
Downside Intraday Target	37.32

Weekly technical analysis of Nandan Denim (NDL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	38.45	35.00	40.00	33.50	1.367 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
22 Thu Feb 2024	38.45	30.95	40.00	30.25	15.41 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 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 coming down

CCI has generated a SELL signal for Nandan Denim in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 36.05 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.