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Stock analysis Nandan Denim Limited NDL

More indepth analysis on MunafaSutra.com

Moving Averages for Nandan Denim Limited

  • 5Day Average: 3.42
  • 12Day Average: 3.44
  • 20Day Average: 3.44
  • 50Day Average: 3.98
  • 100Day Average: 23.04
  • 150Day Average: 30
  • 200Day Average: 31.88

NDL Indicators & signals

Indicator MACD (12,26,9)

3.46, 4.14, -0.97
Indicator MACD is in negative zone

Indicator ADX (14)

20, 21.05, 31.58
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NDL Nandan Denim Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Fri Mar 2025 3.59 3.52 to 3.87 1.99% 4.05 times
20 Thu Mar 2025 3.52 3.47 to 3.60 2.33% 0.87 times
19 Wed Mar 2025 3.44 3.30 to 3.63 1.18% 1.66 times
18 Tue Mar 2025 3.40 3.17 to 3.55 7.26% 0.98 times
17 Mon Mar 2025 3.17 3.13 to 3.39 -2.16% 1.01 times
13 Thu Mar 2025 3.24 3.22 to 3.40 -3.28% 0.88 times
12 Wed Mar 2025 3.35 3.25 to 3.51 0.3% 0.66 times
11 Tue Mar 2025 3.34 3.26 to 3.49 -2.62% 0.61 times
10 Mon Mar 2025 3.43 3.38 to 3.89 -7.8% 1.43 times
07 Fri Mar 2025 3.72 3.56 to 3.76 2.48% 0.99 times
06 Thu Mar 2025 3.63 3.55 to 3.68 6.76% 0.92 times
05 Wed Mar 2025 3.40 3.16 to 3.44 6.92% 0.56 times

Technical analysis forecast for Nandan Denim Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Nandan Denim Limited NDL at this time. Stock is falling and might fall more.

It appears as if Nandan Denim Limited NDL gave a large move recently.

Stock of Nandan Denim Limited (NDL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Nandan Denim Limited is bearish for shortterm, and stock might move down till 3.5 or till 3.3. Use a stoploss of 3.67 and if the stock hits stoploss, then it can shoot up till 3.86

More indepth analysis on MunafaSutra.com