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Nandan Denim Limited

NDL.BO Technical Analysis Summary (BSE)

Analyze NDL.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NDL.BO●BSE
IndustrialsManufacturing - Textiles
₹2.79
₹0.02(0.71%)
Indian Market opens in 11h 34m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NDL.BO Technical Analysis Summary (BSE)

Nandan Denim Limited (BSE: NDL.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.37)
Trend Strength:Moderate (ADX: 28.69)
Volatility:High (ATR: 0.16)
Support/Resistance:$2.70 – $3.10 (Bollinger Bands)

Technical conditions suggest Nandan Denim Limited on the BSE is awaiting a decisive move. Overall, Nandan Denim Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 52.37

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 34.61

Bearish
Momentum remains weak below midpoint.

Williams %R: -65.91

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -7.31

Strongly Bearish
Sharp downside momentum.

Takeaway:Nandan Denim Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.07

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.69

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.16

Low
Low volatility, stable price action.

CCI (14): -81.62

Bearish
Bearish, momentum remains under pressure.

Takeaway:Nandan Denim Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.10
Middle Band (SMA 20)
$2.90
Lower Band
$2.70
Current Position
Within Bands

Takeaway:Nandan Denim Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$3.12
Middle Line (EMA 20)
$2.80
Lower Channel
$2.48
Squeeze Status
Squeeze On

Takeaway:Nandan Denim Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume3.83M
Money Flow Index35.61Bearish, selling pressure outweighs inflows.
Relative Vigor Index32.58Bearish, price momentum favors sellers.

Overall Takeaway:NDL.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Nandan Denim Limited (BSE: NDL.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Nandan Denim Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: NDL.BO) Technical Analysis FAQ