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 2024-07-25 View latest technical analysis

10 day averaged volume of Nandan Denim is 3478913

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	50.00	49.00	51.67	48.85	0.599 times
24 Wed Jul 2024	49.46	48.35	51.39	48.26	0.632 times
23 Tue Jul 2024	48.70	49.85	50.45	48.00	0.747 times
22 Mon Jul 2024	50.04	50.79	51.63	49.30	0.61 times
19 Fri Jul 2024	50.90	51.05	51.19	49.40	0.728 times
18 Thu Jul 2024	51.06	48.12	52.80	47.91	2.225 times
16 Tue Jul 2024	47.82	48.21	49.99	47.45	0.865 times
15 Mon Jul 2024	48.01	49.95	50.90	47.81	1.475 times
12 Fri Jul 2024	49.45	51.50	52.99	49.16	1.268 times
11 Thu Jul 2024	50.57	45.60	52.70	45.23	1.062 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 49.9, but if it comes below 49.9, then a intra day sell could be more profitable.
If you take a sell trade below 49.9, then use 49.9 as stoploss and 48.3 as target. However if you take a buy trade in stock , then use 49.9 as stoploss and 51.9 as target.

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	44.33
Downside Target	45.45
Downside Target	47.45
Upside Target	51.67
Upside Target	51.95
Upside Target	52.80
Upside Target	52.99
Upside Target	57.54

Intraday share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Intraday Target	48.11
Downside Intraday Target	46.22
Upside Intraday Target	51.78
Upside Intraday Target	53.56
Downside Intraday Target	49.89

Weekly technical analysis of Nandan Denim (NDL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	50.00	50.79	51.67	48.00	0.489 times
19 Fri Jul 2024	50.90	49.95	52.80	47.45	1.578 times
12 Fri Jul 2024	49.45	47.18	52.99	44.33	1.45 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

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
25 Thu Jul 2024	50.00	48.25	52.99	44.33	0.418 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 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining 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. Bulls are getting tired and bears are picking up momentum.

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 but buying is losing 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 49.69 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.