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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.

10 day averaged volume of Nandan Denim is 2451651

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	41.55	42.20	42.55	41.00	0.457 times
24 Wed Apr 2024	42.45	43.45	44.10	41.80	0.355 times
23 Tue Apr 2024	42.50	42.80	43.70	41.95	0.647 times
22 Mon Apr 2024	42.90	44.50	44.70	42.50	0.299 times
19 Fri Apr 2024	43.30	43.50	46.05	42.65	0.817 times
18 Thu Apr 2024	44.80	45.65	48.60	44.40	1.72 times
16 Tue Apr 2024	43.55	43.20	45.90	43.20	0.817 times
15 Mon Apr 2024	43.15	43.65	46.70	41.60	2.314 times
12 Fri Apr 2024	43.65	36.85	44.20	36.80	2.322 times
10 Wed Apr 2024	36.85	36.50	38.15	36.35	0.562 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 43 as stoploss in an intra day sell trade for a target of 38.86. However, stock will show a bullish move above 43.

Share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Target	22.00
Downside Target	28.40
Downside Target	30.25
Downside Target	32.05
Downside Target	34.40
Downside Target	36.05
Downside Target	38.90
Downside Target	40.00
Downside Target	41.00
Upside Target	41.60
Upside Target	44.20
Upside Target	44.70
Upside Target	48.60

Intraday share price targets for Nandan Denim (NDL)

Target Type	Value
Downside Intraday Target	40.13
Downside Intraday Target	38.72
Upside Intraday Target	43.83
Upside Intraday Target	46.12
Upside Intraday Target	42.42

Weekly technical analysis of Nandan Denim (NDL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	41.55	44.50	44.70	41.00	0.31 times
19 Fri Apr 2024	43.30	43.65	48.60	41.60	1.718 times
12 Fri Apr 2024	43.65	36.50	44.20	36.05	1.504 times
05 Fri Apr 2024	35.85	32.15	41.50	32.15	5.128 times
28 Thu Mar 2024	32.30	34.00	34.40	32.05	0.763 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 Apr 2024	41.55	32.15	48.60	32.15	3.863 times
28 Thu Mar 2024	32.30	37.20	38.90	30.80	0.585 times
29 Thu Feb 2024	36.95	30.95	40.00	30.25	18.124 times
31 Wed Jan 2024	30.25	28.50	30.25	28.40	0.056 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 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 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 losing momentum.

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

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 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 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 43.09 and Nandan Denim (NDL) stock is trading below this level. This means that stock is falling with high volumes. 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.