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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 2024-03-18 View latest technical analysis

10 day averaged volume of Nandan Denim is 552692

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	33.25	34.05	34.65	32.70	0.317 times
15 Fri Mar 2024	33.85	32.50	34.20	31.95	0.504 times
14 Thu Mar 2024	32.60	30.80	34.00	30.80	1.003 times
13 Wed Mar 2024	32.40	32.80	34.40	32.40	0.345 times
12 Tue Mar 2024	34.10	34.85	35.90	34.10	0.716 times
11 Mon Mar 2024	35.90	37.10	38.90	35.35	1.109 times
07 Thu Mar 2024	37.05	35.25	37.05	35.25	4.74 times
06 Wed Mar 2024	35.30	36.00	36.75	34.80	0.587 times
05 Tue Mar 2024	36.60	36.65	38.00	36.00	0.531 times
04 Mon Mar 2024	36.75	37.45	37.80	35.70	0.411 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.3, but if it comes above 34.3, then a intra day buy could be more profitable.
If you take a sell trade below 34.3, then use 34.3 as stoploss and 31.8 as target. However if you take a buy trade in stock , then use 34.3 as stoploss and 36.33 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	32.70
Upside Target	33.50
Upside Target	34.65
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	32.42
Downside Intraday Target	31.58
Upside Intraday Target	34.37
Upside Intraday Target	35.48
Upside Intraday Target	33.53

Weekly technical analysis of Nandan Denim (NDL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	33.25	34.05	34.65	32.70	0.086 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
23 Fri Feb 2024	37.65	35.00	40.00	33.50	1.468 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
18 Mon Mar 2024	33.25	37.20	38.90	30.80	0.425 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!

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

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

RSI is generating a SELL signal in short term but selling 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 35.72 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.