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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.

10 day averaged volume of Nandan Denim is 32701

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 30.65 30.55 31.10 30.10 0.408 times
13 Tue Apr 2021 30.70 29.55 31.35 29.05 1.128 times
12 Mon Apr 2021 30.35 33.60 33.60 29.40 1.731 times
09 Fri Apr 2021 33.30 32.70 33.90 31.60 1.801 times
08 Thu Apr 2021 32.70 31.70 33.50 31.35 1.241 times
07 Wed Apr 2021 31.70 31.50 31.90 31.15 0.284 times
06 Tue Apr 2021 31.95 32.50 32.50 31.35 0.29 times
05 Mon Apr 2021 31.35 31.50 32.60 30.40 1.009 times
01 Thu Apr 2021 32.30 31.50 33.25 30.45 1.156 times
31 Wed Mar 2021 31.45 31.00 32.35 31.00 0.791 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31, but if it comes above 31, then a intra day buy could be more profitable.
If you take a sell trade below 31, then use 31 as stoploss and 30.1 as target. However if you take a buy trade in stock , then use 31 as stoploss and 31.72 as target.

Share price targets for Nandan Denim (NDL)

Target Type Value
Downside Target 20.35
Downside Target 27.00
Downside Target 28.50
Upside Target 33.20
Upside Target 33.60
Upside Target 33.90
Upside Target 34.05
Upside Target 34.15
Upside Target 35.00

Intraday share price targets for Nandan Denim (NDL)

Target Type Value
Downside Intraday Target 28.6
Downside Intraday Target 26.55
Upside Intraday Target 33.15
Upside Intraday Target 35.65
Upside Intraday Target 31.1

Weekly technical analysis of Nandan Denim (NDL)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 30.65 33.60 33.60 29.05 0.707 times
09 Fri Apr 2021 33.30 31.50 33.90 30.40 1.838 times
01 Thu Apr 2021 32.30 33.20 34.05 30.45 0.539 times
26 Fri Mar 2021 32.10 30.15 33.20 30.05 1.048 times
19 Fri Mar 2021 31.20 33.75 34.15 29.55 0.765 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
15 Thu Apr 2021 30.65 31.50 33.90 29.05 0.314 times
31 Wed Mar 2021 31.45 29.25 35.00 28.50 1.503 times
25 Thu Feb 2021 29.05 28.80 31.00 27.10 0.464 times
29 Fri Jan 2021 28.80 27.30 35.00 27.00 0.799 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)

Indicator Name Indicator Value Indicator Signal
ADX 15, 15, 2 Buy
MACD 1, 1Sell
Stochastics 29Sell
CCI -113Buy
RSI 52Buy
OBV 47382Sell
VWAP 32Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Nandan Denim ( (NDL) ) based on a short term time period is

Price action analysis of Nandan Denim ( (NDL) ) based on a short term time period is

Price action analysis of Nandan Denim ( (NDL) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 31.75 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 positive

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

Click here for Nandan Denim charts

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Daily charts

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

Daily chart
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