Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-09 View latest technical analysis

10 day averaged volume of Nandan Denim is 3239962

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	46.09	46.88	47.00	45.95	0.3 times
08 Mon Jul 2024	46.54	47.18	47.82	45.94	0.385 times
05 Fri Jul 2024	46.57	46.66	47.00	45.86	0.389 times
04 Thu Jul 2024	46.65	48.00	48.19	46.35	0.376 times
03 Wed Jul 2024	47.84	47.75	48.71	47.40	0.439 times
02 Tue Jul 2024	47.65	47.83	49.20	47.47	0.766 times
01 Mon Jul 2024	47.42	48.25	48.52	47.31	0.514 times
28 Fri Jun 2024	47.99	47.97	48.50	47.04	2.393 times
27 Thu Jun 2024	47.97	48.24	48.74	46.74	0.679 times
26 Wed Jun 2024	47.99	47.94	49.79	47.34	2.69 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 44.7 as stoploss in an intra day buy trade for a target of 47.69. However, stock will show a bearish move below 44.7.

Share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Target	30.80
Downside Target	32.15
Downside Target	36.10
Downside Target	38.90
Downside Target	42.97
Downside Target	45.45
Upside Target	47.82
Upside Target	48.90
Upside Target	49.20
Upside Target	51.95
Upside Target	57.54

Intraday share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Intraday Target	45.41
Downside Intraday Target	44.74
Upside Intraday Target	47.29
Upside Intraday Target	48.5
Upside Intraday Target	46.62

Weekly technical analysis of Nandan Denim (NDL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	46.09	47.18	47.82	45.94	0.276 times
05 Fri Jul 2024	46.57	48.25	49.20	45.86	0.233 times
28 Fri Jun 2024	47.99	48.41	51.95	46.40	0.75 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

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
09 Tue Jul 2024	46.09	48.25	49.20	45.86	0.091 times
28 Fri Jun 2024	47.99	43.40	57.54	36.10	2.875 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

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)

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 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 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 Weak 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 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 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 47.67 and Nandan Denim (NDL) 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) stock. Volume based technical analysis of Nandan Denim (NDL) stock is negative.

Nandan Denim Stock has given negative 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.