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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 2024-08-05 View latest technical analysis

10 day averaged volume of Nandan Denim is 2486361

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	46.48	48.35	48.40	44.36	1.17 times
02 Fri Aug 2024	48.98	49.00	49.90	48.26	0.553 times
01 Thu Aug 2024	49.66	52.90	52.95	49.40	1.139 times
31 Wed Jul 2024	52.07	50.05	54.13	50.04	3.192 times
30 Tue Jul 2024	49.93	49.50	50.50	49.33	0.402 times
29 Mon Jul 2024	49.59	50.70	50.70	49.50	0.408 times
26 Fri Jul 2024	49.84	50.38	52.19	49.70	0.685 times
25 Thu Jul 2024	50.00	49.00	51.67	48.85	0.838 times
24 Wed Jul 2024	49.46	48.35	51.39	48.26	0.884 times
23 Tue Jul 2024	48.70	49.85	50.45	48.00	1.045 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.3, but if it comes above 47.3, then a intra day buy could be more profitable.
If you take a sell trade below 47.3, then use 47.3 as stoploss and 45.2 as target. However if you take a buy trade in stock , then use 47.3 as stoploss and 49.03 as target.

Share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Target	32.15
Downside Target	36.10
Downside Target	44.33
Downside Target	45.45
Upside Target	47.45
Upside Target	52.19
Upside Target	52.80
Upside Target	52.95
Upside Target	52.99
Upside Target	54.13
Upside Target	57.54

Intraday share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Intraday Target	44.43
Downside Intraday Target	42.37
Upside Intraday Target	48.47
Upside Intraday Target	50.45
Downside Intraday Target	46.41

Weekly technical analysis of Nandan Denim (NDL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	46.48	48.35	48.40	44.36	0.206 times
02 Fri Aug 2024	48.98	50.70	54.13	48.26	1.322 times
26 Fri Jul 2024	49.84	50.79	52.19	48.00	0.581 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

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
05 Mon Aug 2024	46.48	52.90	52.95	44.36	0.121 times
31 Wed Jul 2024	52.07	48.25	54.13	44.33	0.522 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

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 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) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL. 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 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 but buying is losing 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 49.94 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 negative.

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