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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 2024-04-03 View latest technical analysis

10 day averaged volume of Nandan Denim is 269580

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	37.00	35.45	37.25	34.75	3.723 times
02 Tue Apr 2024	35.50	34.60	35.55	34.00	0.575 times
01 Mon Apr 2024	33.90	32.15	33.90	32.15	0.434 times
28 Thu Mar 2024	32.30	32.70	33.35	32.05	2.444 times
27 Wed Mar 2024	32.25	33.60	33.60	32.20	0.734 times
26 Tue Mar 2024	33.75	34.00	34.40	33.25	0.714 times
22 Fri Mar 2024	33.90	35.50	35.65	33.85	0.943 times
21 Thu Mar 2024	35.60	36.25	36.25	34.65	0.666 times
20 Wed Mar 2024	34.55	32.65	34.55	32.35	1.195 times
19 Tue Mar 2024	32.95	33.60	34.00	32.50	1.646 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 36.1, but if it comes below 36.1, then a intra day sell could be more profitable.
If you take a sell trade below 36.1, then use 36.1 as stoploss and 34.48 as target. However if you take a buy trade in stock , then use 36.1 as stoploss and 38 as target.

Share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Target	22.00
Downside Target	28.40
Downside Target	30.25
Downside Target	32.05
Downside Target	34.40
Downside Target	36.25
Upside Target	37.25
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	33.68
Downside Intraday Target	30.37
Upside Intraday Target	38.78
Upside Intraday Target	40.57
Downside Intraday Target	35.47

Weekly technical analysis of Nandan Denim (NDL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	37.00	32.15	37.25	32.15	1.216 times
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

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
03 Wed Apr 2024	37.00	32.15	37.25	32.15	0.156 times
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

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 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 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 to mid 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 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

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 34.48 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.