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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 2024-09-09 View latest technical analysis

10 day averaged volume of Nandan Denim is 3527117

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	64.10	60.40	64.77	59.46	8.573 times
06 Fri Sep 2024	59.31	51.79	59.95	51.03	7.183 times
05 Thu Sep 2024	51.74	46.40	52.25	45.61	1.725 times
04 Wed Sep 2024	45.54	46.10	46.54	45.23	0.175 times
03 Tue Sep 2024	46.23	47.00	47.55	46.02	0.193 times
02 Mon Sep 2024	46.31	46.99	47.00	45.91	0.11 times
30 Fri Aug 2024	46.38	46.60	46.99	46.22	0.082 times
29 Thu Aug 2024	46.39	47.21	47.38	46.16	0.151 times
28 Wed Aug 2024	47.16	47.18	47.47	47.02	0.091 times
27 Tue Aug 2024	47.09	47.20	47.60	46.90	0.175 times

Stock of Nandan Denim (NDL) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 58.8, for a target of 53.3 or 48.8

Share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Target	36.10
Downside Target	44.33
Downside Target	47.83
Downside Target	50.80
Downside Target	52.95
Downside Target	54.13
Downside Target	57.54
Downside Target	59.46
Downside Target	59.95
Upside Target	64.77

Intraday share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Intraday Target	60.78
Downside Intraday Target	57.47
Upside Intraday Target	66.09
Upside Intraday Target	68.09
Downside Intraday Target	62.78

Weekly technical analysis of Nandan Denim (NDL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	64.10	60.40	64.77	59.46	0.914 times
06 Fri Sep 2024	59.31	46.99	59.95	45.23	15.26 times
30 Fri Aug 2024	46.38	47.83	47.83	46.16	0.6 times
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

Price has moved up 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 Mon Sep 2024	64.10	46.99	64.77	45.23	2.394 times
30 Fri Aug 2024	46.38	52.90	52.95	44.36	0.45 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

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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY signal for Nandan Denim in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nandan Denim Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 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 60.14 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.