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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 2024-10-03 View latest technical analysis

10 day averaged volume of Nandan Denim is 18621424

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	6.36	6.50	6.67	6.35	0.181 times
01 Tue Oct 2024	6.69	6.65	6.74	6.40	0.315 times
30 Mon Sep 2024	6.67	6.81	6.81	6.57	0.965 times
27 Fri Sep 2024	6.92	7.08	7.08	6.64	1.388 times
26 Thu Sep 2024	6.99	7.35	7.35	6.90	1.44 times
25 Wed Sep 2024	7.21	7.30	7.30	6.90	1.497 times
24 Tue Sep 2024	7.10	6.80	7.13	6.67	1.442 times
23 Mon Sep 2024	6.80	6.49	6.81	6.16	1.759 times
20 Fri Sep 2024	6.49	6.78	6.78	6.45	0.429 times
19 Thu Sep 2024	6.79	6.75	6.80	6.51	0.667 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3.3 as stoploss in an intra day buy trade for a target of 28.42. However, stock will show a bearish move below 3.3.

Share price targets for Nandan Denim (NDL_BE)

Target Type	Value
Downside Target	6.16
Downside Target	6.35
Upside Target	6.74
Upside Target	7.35
Upside Target	26.20
Upside Target	27.70
Upside Target	28.30
Upside Target	30.80
Upside Target	31.00
Upside Target	46.20
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	6.2
Downside Intraday Target	6.05
Upside Intraday Target	6.66
Upside Intraday Target	6.97
Upside Intraday Target	6.51

Weekly technical analysis of Nandan Denim (NDL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	6.36	6.81	6.81	6.35	0.194 times
27 Fri Sep 2024	6.92	6.49	7.35	6.16	5.215 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	6.36	6.65	6.74	6.35	0.047 times
30 Mon Sep 2024	6.67	59.22	67.35	6.16	66.937 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

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_BE)

Price action analysis of Nandan Denim ( (NDL_BE) ) 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_BE) ) based on a short 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_BE) ) based on a short to mid 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 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 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 coming down

CCI has generated a SELL signal for Nandan Denim in short term and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nandan Denim is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.91 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.