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

(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 2024-09-24 View latest technical analysis

10 day averaged volume of Nandan Denim is 7007254

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	7.10	6.80	7.13	6.67	3.833 times
23 Mon Sep 2024	6.80	6.49	6.81	6.16	4.674 times
20 Fri Sep 2024	6.49	6.78	6.78	6.45	1.14 times
19 Thu Sep 2024	6.79	6.75	6.80	6.51	1.774 times
18 Wed Sep 2024	64.75	64.40	66.40	62.57	0.26 times
17 Tue Sep 2024	64.36	62.00	65.50	59.50	0.415 times
16 Mon Sep 2024	62.64	65.62	66.00	62.33	0.245 times
13 Fri Sep 2024	65.62	65.50	67.35	62.51	0.202 times
12 Thu Sep 2024	65.72	66.90	67.00	62.12	0.447 times
11 Wed Sep 2024	65.39	59.22	65.45	59.22	0.804 times

Stock of Nandan Denim (NDL_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.3, but if it comes above 13.3, then a intra day buy could be more profitable.
If you take a sell trade below 13.3, then use 13.3 as stoploss and -12.2 as target. However if you take a buy trade in stock , then use 13.3 as stoploss and 34.58 as target.

Share price targets for Nandan Denim (NDL_BE)

Target Type	Value
Downside Target	6.16
Downside Target	6.45
Upside Target	7.13
Upside Target	26.20
Upside Target	27.70
Upside Target	28.30
Upside Target	29.30
Upside Target	30.80
Upside Target	42.70
Upside Target	46.20
Upside Target	50.50
Upside Target	66.40
Upside Target	66.95
Upside Target	67.35

Intraday share price targets for Nandan Denim (NDL_BE)

Target Type	Value
Downside Intraday Target	6.46
Downside Intraday Target	5.83
Upside Intraday Target	7.43
Upside Intraday Target	7.77
Downside Intraday Target	6.8

Weekly technical analysis of Nandan Denim (NDL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	7.10	6.49	7.13	6.16	2.218 times
20 Fri Sep 2024	6.49	65.62	66.40	6.45	2.519 times
13 Fri Sep 2024	65.62	28.80	67.35	27.70	29.521 times
25 Thu Jan 2024	27.60	28.30	28.30	26.25	0.633 times
19 Fri Jan 2024	27.60	29.30	29.30	26.20	0.924 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
24 Tue Sep 2024	7.10	59.22	67.35	6.16	33.154 times
30 Tue Jan 2024	28.85	27.40	30.80	26.20	1.177 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Nandan Denim stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Nandan Denim in short term and the sell signal is strong.

Nandan Denim Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 16.86 and Nandan Denim (NDL_BE) 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_BE) stock. Volume based technical analysis of Nandan Denim (NDL_BE) 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.