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 2024-12-09 View latest technical analysis

10 day averaged volume of Nandan Denim is 910490

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	5.34	5.35	5.35	5.30	5.019 times
06 Fri Dec 2024	5.10	5.12	5.12	5.10	1.008 times
05 Thu Dec 2024	5.12	5.33	5.33	5.12	2.762 times
04 Wed Dec 2024	5.23	5.23	5.23	5.23	1.128 times
03 Tue Dec 2024	5.13	5.13	5.13	5.13	0.681 times
02 Mon Dec 2024	5.03	5.03	5.03	5.03	0.33 times
29 Fri Nov 2024	4.94	4.94	4.94	4.94	0.246 times
28 Thu Nov 2024	4.85	4.76	4.85	4.76	0.818 times
27 Wed Nov 2024	4.76	4.81	4.81	4.76	0.789 times
26 Tue Nov 2024	4.81	4.91	4.91	4.81	0.974 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 bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 5.5 as stoploss in an intra day sell trade for a target of 5.17. However, stock will show a bullish move above 5.5.

Share price targets for Nandan Denim (NDL_BE)

Target Type	Value
Downside Target	4.66
Downside Target	4.76
Downside Target	4.91
Downside Target	5.24
Upside Target	5.35
Upside Target	5.70
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	5.31
Downside Intraday Target	5.28
Upside Intraday Target	5.36
Upside Intraday Target	5.38
Downside Intraday Target	5.33

Weekly technical analysis of Nandan Denim (NDL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	5.34	5.35	5.35	5.30	0.849 times
06 Fri Dec 2024	5.10	5.03	5.33	5.03	1.445 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

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
09 Mon Dec 2024	5.34	5.03	5.35	5.03	0.513 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 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 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 BUY. 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 moving up

CCI has generated a buy signal for Nandan Denim in short term and BUY signal is strong.

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 5.14 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.