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(NDL_BE) Nandan Denim complete technical analysis [charts+indicators] | Buy/Sell Nandan Denim | (NDL_BE) share price targets

Complete technical analysis of Nandan Denim (NDL_BE) by charts plus indicators, forecast predictions and share price targets for Nandan Denim (NDL_BE)

10 day averaged volume of Nandan Denim is 572789

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 5.13 5.19 5.19 5.13 2.033 times
18 Mon Nov 2024 5.24 5.24 5.24 5.24 0.6 times
14 Thu Nov 2024 5.35 5.35 5.35 5.35 0.667 times
13 Wed Nov 2024 5.46 5.46 5.46 5.46 0.265 times
12 Tue Nov 2024 5.58 5.58 5.58 5.58 1.725 times

Stock of Nandan Denim (NDL_BE) has showed a significant fall. This could be a good time to exit from this stock.

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 5.1 as stoploss in an intra day buy trade for a target of 5.53. However, stock will show a bearish move below 5.1.

Share price targets for Nandan Denim (NDL_BE)

Target Type Value
Downside Target 4.66
Downside Target 5.13
Upside Target 5.35
Upside Target 5.53
Upside Target 5.70
Upside Target 5.82
Upside Target 6.07
Upside Target 6.36
Upside Target 6.74
Upside Target 26.20
Upside Target 26.25
Upside Target 30.80
Upside Target 31.00
Upside Target 67.35

Intraday share price targets for Nandan Denim (NDL_BE)

Target Type Value
Downside Intraday Target 5.09
Downside Intraday Target 5.06
Upside Intraday Target 5.2
Upside Intraday Target 5.28
Upside Intraday Target 5.17

Weekly technical analysis of Nandan Denim (NDL_BE)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 5.13 5.24 5.24 5.13 0.783 times
14 Thu Nov 2024 5.35 5.70 5.70 5.35 0.232 times
08 Fri Nov 2024 5.82 6.35 6.36 5.82 0.789 times
01 Fri Nov 2024 6.06 5.26 6.07 5.18 1.012 times
30 Wed Oct 2024 5.53 4.92 5.53 4.68 0.725 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_BE)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 5.13 6.06 6.36 5.13 0.185 times
31 Thu Oct 2024 5.79 6.65 6.74 4.66 0.403 times
30 Mon Sep 2024 6.67 59.22 67.35 6.16 66.937 times
30 Tue Jan 2024 28.85 27.40 30.80 26.20 1.177 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_BE)

Indicator Name Indicator Value Indicator Signal
ADX 25, 50, 33 Sell
MACD -4, -5Buy
Stochastics 0Sell
CCI -113Sell
RSI 65Buy
OBV 7966174Sell
VWAP 6Sell
ADL 0Sell
ROC -19Sell
Force Index 0Sell

Price action analysis of Nandan Denim ( (NDL_BE) ) based on a short term time period is

Price action analysis of Nandan Denim ( (NDL_BE) ) based on a short term time period is

Price action analysis of Nandan Denim ( (NDL_BE) ) 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_BE) ) 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 Strong and stock is gaining momentum.

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

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above 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 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 5.65 and Nandan Denim (NDL_BE) 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_BE) stock. Volume based technical analysis of Nandan Denim (NDL_BE) 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.

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