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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 2024-03-01 View latest technical analysis

10 day averaged volume of Nandan Denim is 595708

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	37.25	37.20	38.75	36.55	0.417 times
29 Thu Feb 2024	36.95	35.35	37.60	34.85	0.66 times
28 Wed Feb 2024	36.40	38.70	38.70	36.40	0.541 times
27 Tue Feb 2024	38.30	38.90	40.00	38.00	0.649 times
26 Mon Feb 2024	39.45	38.05	39.50	37.80	1.223 times
23 Fri Feb 2024	37.65	39.30	39.35	37.50	0.448 times
22 Thu Feb 2024	38.45	40.00	40.00	37.40	1.61 times
21 Wed Feb 2024	39.35	38.95	39.40	37.55	2.384 times
20 Tue Feb 2024	37.55	37.35	37.55	36.10	1.18 times
19 Mon Feb 2024	35.80	35.00	35.80	33.50	0.886 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 38.3 as stoploss in an intra day sell trade for a target of 36.08. However, stock will show a bullish move above 38.3.

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	32.45
Downside Target	33.50
Downside Target	34.85
Downside Target	36.55
Upside Target	38.75
Upside Target	38.80
Upside Target	40.00

Intraday share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Intraday Target	34.73
Downside Intraday Target	32.22
Upside Intraday Target	39.88
Upside Intraday Target	42.52
Upside Intraday Target	37.37

Weekly technical analysis of Nandan Denim (NDL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	37.25	38.05	40.00	34.85	0.536 times
23 Fri Feb 2024	37.65	35.00	40.00	33.50	1.468 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

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
01 Fri Mar 2024	37.25	37.20	38.75	36.55	0.018 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 up 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 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 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 Weak 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. Bulls are getting tired and bears are picking up momentum.

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 but BUY 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 38.14 and Nandan Denim (NDL) stock is trading below this level. This means that stock is falling with high volumes. 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.