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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 2024-08-23 View latest technical analysis

10 day averaged volume of Nandan Denim is 1227078

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	47.33	47.69	47.80	47.18	0.4 times
22 Thu Aug 2024	47.48	47.75	48.19	47.15	0.555 times
21 Wed Aug 2024	47.57	46.91	47.76	46.91	0.436 times
20 Tue Aug 2024	47.04	47.70	47.73	46.81	0.511 times
19 Mon Aug 2024	47.45	48.24	48.57	47.32	1.044 times
16 Fri Aug 2024	48.00	50.80	50.80	47.80	1.462 times
14 Wed Aug 2024	48.94	46.91	50.27	45.96	2.959 times
13 Tue Aug 2024	46.79	48.36	48.39	46.50	0.584 times
12 Mon Aug 2024	48.03	47.13	48.79	46.44	0.791 times
09 Fri Aug 2024	47.18	48.22	48.42	47.01	0.765 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 47 as stoploss in an intra day buy trade for a target of 48.35. However, stock will show a bearish move below 47.

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	48.00
Upside Target	50.80
Upside Target	51.10
Upside Target	52.19
Upside Target	52.95
Upside Target	54.13
Upside Target	57.54

Intraday share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Intraday Target	46.57
Downside Intraday Target	45.81
Upside Intraday Target	48.33
Upside Intraday Target	49.33
Upside Intraday Target	47.57

Weekly technical analysis of Nandan Denim (NDL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	47.33	48.24	48.57	46.81	0.508 times
16 Fri Aug 2024	48.00	47.13	50.80	45.96	0.76 times
09 Fri Aug 2024	47.18	48.35	51.10	44.36	0.661 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

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
23 Fri Aug 2024	47.33	52.90	52.95	44.36	0.413 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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

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 47.96 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.