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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 2024-12-05 View latest technical analysis

10 day averaged volume of Nandan Denim is 678768

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	5.12	5.33	5.33	5.12	3.705 times
04 Wed Dec 2024	5.23	5.23	5.23	5.23	1.514 times
03 Tue Dec 2024	5.13	5.13	5.13	5.13	0.913 times
02 Mon Dec 2024	5.03	5.03	5.03	5.03	0.443 times
29 Fri Nov 2024	4.94	4.94	4.94	4.94	0.329 times
28 Thu Nov 2024	4.85	4.76	4.85	4.76	1.098 times
27 Wed Nov 2024	4.76	4.81	4.81	4.76	1.058 times
26 Tue Nov 2024	4.81	4.91	4.91	4.81	1.306 times
25 Mon Nov 2024	4.91	4.91	4.91	4.91	1.695 times
22 Fri Nov 2024	4.91	4.91	4.91	4.91	1.128 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, and stock might move down till 4.9 or till 4.4. Use a stoploss of 5.25 and if the stock hits stoploss, then it can shoot up till 5.63

Share price targets for Nandan Denim (NDL_BE)

Target Type	Value
Downside Target	4.66
Downside Target	4.76
Downside Target	4.91
Upside Target	5.24
Upside Target	5.70
Upside Target	5.82
Upside Target	6.16
Upside Target	6.36
Upside Target	6.74
Upside Target	26.20
Upside Target	30.80
Upside Target	67.35

Intraday share price targets for Nandan Denim (NDL_BE)

Target Type	Value
Downside Intraday Target	4.99
Downside Intraday Target	4.86
Upside Intraday Target	5.29
Upside Intraday Target	5.46
Upside Intraday Target	5.16

Weekly technical analysis of Nandan Denim (NDL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	5.12	5.03	5.33	5.03	1.198 times
29 Fri Nov 2024	4.94	4.91	4.94	4.76	1.42 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

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 Thu Dec 2024	5.12	5.03	5.33	5.03	0.23 times
29 Fri Nov 2024	4.94	6.06	6.36	4.76	0.26 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Nandan Denim ( (NDL_BE) ) based on a short 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 short to mid 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 mid to longer 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.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 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.