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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 2024-06-27 View latest technical analysis

10 day averaged volume of Nandan Denim is 7820775

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	47.97	48.24	48.74	46.74	0.281 times
26 Wed Jun 2024	47.99	47.94	49.79	47.34	1.114 times
25 Tue Jun 2024	47.89	49.80	50.28	47.02	0.567 times
24 Mon Jun 2024	49.56	48.41	51.95	46.40	1.458 times
21 Fri Jun 2024	48.19	53.10	53.80	47.61	1.014 times
20 Thu Jun 2024	52.07	56.21	56.60	51.60	1.228 times
19 Wed Jun 2024	55.35	57.54	57.54	51.61	1.732 times
18 Tue Jun 2024	52.77	46.00	52.77	45.88	1.91 times
14 Fri Jun 2024	43.98	44.50	46.48	43.85	0.383 times
13 Thu Jun 2024	44.13	43.49	44.70	43.30	0.356 times

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 50.1 as stoploss in an intra day sell trade for a target of 45.8. However, stock will show a bullish move above 50.1.

Share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Target	30.25
Downside Target	32.15
Downside Target	36.10
Downside Target	37.25
Downside Target	38.90
Downside Target	40.00
Downside Target	42.97
Downside Target	45.45
Upside Target	48.00
Upside Target	48.60
Upside Target	48.90
Upside Target	51.95
Upside Target	57.54

Intraday share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Intraday Target	45.6
Downside Intraday Target	43.22
Upside Intraday Target	51.15
Upside Intraday Target	54.32
Upside Intraday Target	48.77

Weekly technical analysis of Nandan Denim (NDL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	47.97	48.41	51.95	46.40	0.581 times
21 Fri Jun 2024	48.19	46.00	57.54	45.88	3.054 times
14 Fri Jun 2024	43.98	48.90	48.90	42.97	0.883 times
07 Fri Jun 2024	45.05	43.40	48.00	36.10	0.801 times
31 Fri May 2024	41.35	38.75	45.45	37.25	10.736 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)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	47.97	43.40	57.54	36.10	2.677 times
31 Fri May 2024	41.35	39.70	45.45	36.40	1.127 times
30 Tue Apr 2024	39.10	32.15	48.60	32.15	4.242 times
28 Thu Mar 2024	32.30	37.20	38.90	30.80	0.585 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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) ) based on a short to mid 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 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 losing momentum.

MACD generated a SELL signal for Nandan Denim in short term but the sell signal is initial and weak.

Nandan Denim Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Nandan Denim in short term and SELL signal is strong!

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nandan Denim is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 50.62 and Nandan Denim (NDL) stock is trading below this level. This means that stock is falling with high volumes. 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.