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(NDL) Nandan Denim complete technical analysis [charts+indicators] | Buy/Sell Nandan Denim | (NDL) share price targets

Complete technical analysis of Nandan Denim (NDL) by charts plus indicators, forecast predictions and share price targets for Nandan Denim (NDL)

Nandan Denim trades in NSE in Textiles sector.

Showing technical analysis as on 2024-04-04 View latest technical analysis

10 day averaged volume of Nandan Denim is 352442

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	38.75	37.95	38.85	36.90	2.049 times
03 Wed Apr 2024	37.00	35.45	37.25	34.75	2.848 times
02 Tue Apr 2024	35.50	34.60	35.55	34.00	0.44 times
01 Mon Apr 2024	33.90	32.15	33.90	32.15	0.332 times
28 Thu Mar 2024	32.30	32.70	33.35	32.05	1.869 times
27 Wed Mar 2024	32.25	33.60	33.60	32.20	0.561 times
26 Tue Mar 2024	33.75	34.00	34.40	33.25	0.546 times
22 Fri Mar 2024	33.90	35.50	35.65	33.85	0.721 times
21 Thu Mar 2024	35.60	36.25	36.25	34.65	0.509 times
20 Wed Mar 2024	34.55	32.65	34.55	32.35	0.914 times

Stock of Nandan Denim (NDL) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 38.5, for a target of 36.4 or 34.58

Share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Target	22.00
Downside Target	28.40
Downside Target	30.25
Downside Target	32.05
Downside Target	34.40
Downside Target	36.25
Downside Target	38.00
Upside Target	38.85
Upside Target	38.90
Upside Target	40.00

Intraday share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Intraday Target	34.32
Downside Intraday Target	29.88
Upside Intraday Target	41.02
Upside Intraday Target	43.28
Downside Intraday Target	36.58

Weekly technical analysis of Nandan Denim (NDL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	38.75	32.15	38.85	32.15	1.905 times
28 Thu Mar 2024	32.30	34.00	34.40	32.05	0.763 times
22 Fri Mar 2024	33.90	34.05	36.25	32.35	0.676 times
15 Fri Mar 2024	33.85	37.10	38.90	30.80	0.587 times
07 Thu Mar 2024	37.05	37.45	38.00	34.80	1.643 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nandan Denim (NDL)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	38.75	32.15	38.85	32.15	0.244 times
28 Thu Mar 2024	32.30	37.20	38.90	30.80	0.585 times
29 Thu Feb 2024	36.95	30.95	40.00	30.25	18.124 times
31 Wed Jan 2024	30.25	28.50	30.25	28.40	0.056 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)

Price action analysis of Nandan Denim ( (NDL) ) 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) ) 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) ) 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) ) 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nandan Denim in short term and the buy signal is strong.

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 green color and prices are above the green 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 35.47 and Nandan Denim (NDL) 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) stock. Volume based technical analysis of Nandan Denim (NDL) 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.