Munafa Nandan Denim Limited (NDL) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Nandan Denim Limited (NDL) Indicator analysis

Nandan Denim Limited stock tips (delivery Volume analysis)

Total 5 day volume for Nandan Denim Limited is 9373276, out of which 6280377 went into delivery, which is 67 percent of total volumes

Volumes in the last session was 1975520, out of which 1069745 went into delivery, which is 54.15 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Nandan Denim NDL intraday stock tips

24 Tuesday March Stock tips for Nandan Denim Stock 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...

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

My analysis of Nandan Denim is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Nandan Denim stays below 2.2, but if it comes above 2.2, then a intra day buy could be more profitable.
If you take a sell trade below 2.2, then use 2.2 as stoploss and 2 as target. However if you take a buy trade in Nandan Denim, then use 2.2 as stoploss and 2.4 as target.

23 Monday March Stock tips for Nandan Denim Stock 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...

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

Although my analysis for Nandan Denim is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2, for a target of 2.2 or 2.43

20 Friday March Stock tips for Nandan Denim Stock 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...

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

My analysis of Nandan Denim is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Nandan Denim stays below 2.3, but if it comes above 2.3, then a intra day buy could be more profitable.
If you take a sell trade below 2.3, then use 2.3 as stoploss and 2.1 as target. However if you take a buy trade in Nandan Denim, then use 2.3 as stoploss and 2.47 as target.

19 Thursday March Stock tips for Nandan Denim Stock 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...

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

My analysis of Nandan Denim is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Nandan Denim stays below 2.3, but if it comes above 2.3, then a intra day buy could be more profitable.
If you take a sell trade below 2.3, then use 2.3 as stoploss and 2.1 as target. However if you take a buy trade in Nandan Denim, then use 2.3 as stoploss and 2.5 as target.

18 Wednesday March Stock tips for Nandan Denim Stock 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...

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

My analysis of Nandan Denim is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.3 as stoploss in an intra day buy trade for a target of 2.53. However, stock will show a bearish move below 2.3.

17 Tuesday March Stock tips for Nandan Denim Stock 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...

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

My analysis of Nandan Denim is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Nandan Denim stays below 2.4, but if it comes above 2.4, then a intra day buy could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 2.1 as target. However if you take a buy trade in Nandan Denim, then use 2.4 as stoploss and 2.55 as target.

16 Monday March Stock tips for Nandan Denim Stock 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...

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

Although my analysis for Nandan Denim is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2.2, for a target of 2.4 or 2.58

Nandan Denim NDL tips for tomorrow

Tomorrow's movement Prediction of Nandan Denim NDL appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Munafa value: 35

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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