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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)

10 day averaged volume of Nandan Denim is 599946

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 38.50 38.35 39.15 38.05 1.318 times
21 Tue May 2024 38.25 39.15 39.30 38.10 0.303 times
20 Mon May 2024 39.15 39.10 39.50 38.70 0.089 times
17 Fri May 2024 39.25 39.60 40.00 38.30 2.384 times
16 Thu May 2024 39.60 39.95 40.60 38.80 1.042 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 37.9 as stoploss in an intra day buy trade for a target of 39.16. However, stock will show a bearish move below 37.9.

Share price targets for Nandan Denim (NDL)

Target Type Value
Downside Target 28.40
Downside Target 30.25
Downside Target 32.15
Downside Target 36.40
Downside Target 38.05
Upside Target 40.90
Upside Target 41.20
Upside Target 42.20
Upside Target 42.80
Upside Target 44.70
Upside Target 48.60

Intraday share price targets for Nandan Denim (NDL)

Target Type Value
Downside Intraday Target 37.87
Downside Intraday Target 37.23
Upside Intraday Target 39.32
Upside Intraday Target 40.13
Upside Intraday Target 38.68

Weekly technical analysis of Nandan Denim (NDL)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 38.50 39.10 39.50 38.05 0.251 times
17 Fri May 2024 39.25 38.35 41.20 36.40 0.476 times
10 Fri May 2024 37.90 39.05 42.80 37.05 1.481 times
03 Fri May 2024 38.80 41.10 42.20 38.25 1.196 times
26 Fri Apr 2024 41.05 44.50 44.70 40.90 0.348 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
22 Wed May 2024 38.50 39.70 42.80 36.40 0.485 times
30 Tue Apr 2024 39.10 32.15 48.60 32.15 4.242 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 20, 18, 6 Buy
MACD 1, 1Sell
Stochastics 42None
CCI -7Buy
RSI 67Buy
OBV -5068089Sell
VWAP 39Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 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 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 losing 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Nandan Denim in short term but BUY signal is weak.

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 38.84 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.

Click here for Nandan Denim charts

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