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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 2024-11-05 View latest technical analysis

10 day averaged volume of Nandan Denim is 3506560

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	6.20	6.20	6.20	6.20	0.265 times
04 Mon Nov 2024	6.33	6.35	6.36	5.95	1.709 times
01 Fri Nov 2024	6.06	6.06	6.07	5.95	0.81 times
31 Thu Oct 2024	5.79	5.74	5.80	5.50	1.047 times
30 Wed Oct 2024	5.53	5.26	5.53	5.18	1.138 times
29 Tue Oct 2024	5.27	5.23	5.28	5.17	1.321 times
28 Mon Oct 2024	5.03	4.92	5.04	4.68	0.5 times
25 Fri Oct 2024	4.80	4.98	4.98	4.67	0.457 times
24 Thu Oct 2024	4.92	4.80	4.95	4.66	0.428 times
23 Wed Oct 2024	4.87	5.07	5.07	4.87	1.868 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6.1, but if it comes below 6.1, then a intra day sell could be more profitable.
If you take a sell trade below 6.1, then use 6.1 as stoploss and 5.64 as target. However if you take a buy trade in stock , then use 6.1 as stoploss and 6.7 as target.

Share price targets for Nandan Denim (NDL_BE)

Target Type	Value
Downside Target	4.66
Downside Target	5.52
Downside Target	5.75
Downside Target	5.95
Downside Target	6.07
Upside Target	6.37
Upside Target	6.74
Upside Target	26.20
Upside Target	26.25
Upside Target	30.80
Upside Target	31.00
Upside Target	67.35

Intraday share price targets for Nandan Denim (NDL_BE)

Target Type	Value
Downside Intraday Target	5.98
Downside Intraday Target	5.76
Upside Intraday Target	6.39
Upside Intraday Target	6.58
Downside Intraday Target	6.17

Weekly technical analysis of Nandan Denim (NDL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	6.20	6.35	6.36	5.95	0.41 times
01 Fri Nov 2024	6.06	4.92	6.07	4.68	1.18 times
25 Fri Oct 2024	4.80	5.71	5.75	4.66	0.965 times
18 Fri Oct 2024	5.69	6.10	6.28	5.58	0.776 times
11 Fri Oct 2024	6.02	6.17	6.37	5.52	0.629 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	6.20	6.06	6.36	5.95	0.131 times
31 Thu Oct 2024	5.79	6.65	6.74	4.66	0.383 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

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 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_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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 5.51 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.