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(NDL_BE) Nandan Denim complete technical analysis [charts+indicators] | Buy/Sell Nandan Denim | (NDL_BE) share price targets

Complete technical analysis of Nandan Denim (NDL_BE) by charts plus indicators, forecast predictions and share price targets for Nandan Denim (NDL_BE)

Showing technical analysis as on 2024-01-05 View latest technical analysis

10 day averaged volume of Nandan Denim is 125710

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	28.90	29.80	29.80	28.60	1.101 times
04 Thu Jan 2024	29.45	28.55	29.95	28.55	0.654 times
03 Wed Jan 2024	29.60	30.20	30.80	29.40	1.024 times
02 Tue Jan 2024	29.40	28.75	29.40	28.30	3.205 times
01 Mon Jan 2024	28.00	27.40	28.00	27.00	1 times
29 Fri Dec 2023	26.70	26.45	27.60	26.40	0.683 times
28 Thu Dec 2023	26.50	26.85	27.40	26.25	0.6 times
27 Wed Dec 2023	26.85	27.50	27.70	26.75	0.883 times
26 Tue Dec 2023	27.50	28.40	28.40	27.25	0.376 times
22 Fri Dec 2023	27.60	28.30	28.30	27.00	0.829 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 29.1 as stoploss in an intra day sell trade for a target of 28.17. However, stock will show a bullish move above 29.1.

Share price targets for Nandan Denim (NDL_BE)

Target Type	Value
Downside Target	26.25
Downside Target	27.60
Downside Target	28.40
Upside Target	29.35
Upside Target	30.30
Upside Target	31.00
Upside Target	40.90
Upside Target	42.70
Upside Target	46.20
Upside Target	49.00
Upside Target	50.50
Upside Target	66.95

Intraday share price targets for Nandan Denim (NDL_BE)

Target Type	Value
Downside Intraday Target	27
Downside Intraday Target	25.1
Upside Intraday Target	30.8
Upside Intraday Target	32.7
Downside Intraday Target	28.9

Weekly technical analysis of Nandan Denim (NDL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	28.90	27.40	30.80	27.00	2.747 times
29 Fri Dec 2023	26.70	28.40	28.40	26.25	0.509 times
22 Fri Dec 2023	27.60	28.45	29.55	26.55	1.152 times
15 Fri Dec 2023	28.15	28.65	29.35	27.60	0.653 times
08 Fri Dec 2023	28.65	30.30	30.30	27.70	3.078 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nandan Denim (NDL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	28.90	27.40	30.80	27.00	0.354 times
29 Fri Dec 2023	26.70	29.05	31.00	26.25	2.861 times
19 Mon Jul 2021	66.95	52.15	66.95	46.20	1.107 times
30 Wed Jun 2021	49.70	45.35	50.50	42.70	2.743 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_BE)

Price action analysis of Nandan Denim ( (NDL_BE) ) 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_BE) ) 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_BE) ) 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 BUY signal for Nandan Denim in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 28.46 and Nandan Denim (NDL_BE) 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_BE) stock. Volume based technical analysis of Nandan Denim (NDL_BE) stock is negative.

Nandan Denim Stock is giving positive 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.