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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 2024-11-25 View latest technical analysis

10 day averaged volume of Nandan Denim is 538033

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	4.91	4.91	4.91	4.91	2.138 times
22 Fri Nov 2024	4.91	4.91	4.91	4.91	1.423 times
21 Thu Nov 2024	5.02	5.02	5.02	5.02	0.65 times
19 Tue Nov 2024	5.13	5.19	5.19	5.13	2.164 times
18 Mon Nov 2024	5.24	5.24	5.24	5.24	0.639 times
14 Thu Nov 2024	5.35	5.35	5.35	5.35	0.71 times
13 Wed Nov 2024	5.46	5.46	5.46	5.46	0.282 times
12 Tue Nov 2024	5.58	5.58	5.58	5.58	1.837 times
11 Mon Nov 2024	5.70	5.70	5.70	5.70	0.749 times
08 Fri Nov 2024	5.82	5.82	5.82	5.82	0.767 times

Stock of Nandan Denim (NDL_BE) has showed a significant fall. This could be a good time to exit from 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 5.1, but if it comes above 5.1, then a intra day buy could be more profitable.
If you take a sell trade below 5.1, then use 5.1 as stoploss and 4.5 as target. However if you take a buy trade in stock , then use 5.1 as stoploss and 5.51 as target.

Share price targets for Nandan Denim (NDL_BE)

Target Type	Value
Downside Target	4.66
Downside Target	4.91
Upside Target	5.24
Upside Target	5.35
Upside Target	5.70
Upside Target	5.82
Upside Target	6.07
Upside Target	6.36
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	4.91
Downside Intraday Target	4.91
Downside Intraday Target	4.91
Downside Intraday Target	4.91
Downside Intraday Target	4.91

Weekly technical analysis of Nandan Denim (NDL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	4.91	4.91	4.91	4.91	0.438 times
22 Fri Nov 2024	4.91	5.24	5.24	4.91	1.363 times
14 Thu Nov 2024	5.35	5.70	5.70	5.35	0.232 times
08 Fri Nov 2024	5.82	6.35	6.36	5.82	0.491 times
01 Fri Nov 2024	6.06	4.92	6.07	4.68	1.18 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
25 Mon Nov 2024	4.91	6.06	6.36	4.91	0.225 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 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 to mid 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.

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 gaining 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 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

RSI is generating a BUY signal in short term but buying 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 5.24 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.