NDGL.NS (NSE)

NDGL.NS NSE

Naga Dhunseri Group

SELL

3984

Prev.Close

4008

Change

-24.0000

Change%

-0.60%

BEARISH BELT HOLD

Sold at

3984.05

Open

4210

High

4210

Low

3951

3984

0.00%

Signal History

Date	Price	Signal	Change%		INR100⇨
26-03	3984	SELL	0.0%		113
10-03	3598	BUY	+10.7%	✔ 👍	103
25-02	3548	SELL	+1.4%	❌	104
13-02	3537	BUY	+0.3%	✔	104
06-02	3380	SHORT	+4.6%	❌	111
30-01	3475	BUY	-2.7%	❌	116
21-01	3943	SHORT	-11.9%	✔	105
15-01	3975	BUY	-0.8%	❌	107
10-01	4163	SHORT	-4.5%	✔	104
07-01	4375	BUY	-4.8%	❌	111
19-12	5150	SHORT	-15.0%	✔	98
16-12	5300	BUY	-2.8%	❌	102
06-11	5483	SHORT	-3.3%	✔	100
01-11	5362	BUY	+2.2%	✔	99

† Trade commissions are taken as 0.70%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH BELT HOLD pattern has finally received confirmation because the prices crossed below the confirmation level at 4008, and our valid average selling price now stands at 3984. The previous BUY signal was issued on 10-03-2025, 16 days ago, when the stock price was 3598. Since then, NDGL.NS has risen by +10.73%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

The Bearish Belt Hold is a single candlestick pattern, essentially a Black Opening Marubozu, that occurs in an uptrend. It opens at the day’s high, and then prices begin to fall during the day against the overall market trend, eventually closing near the day’s low, leaving a small shadow at the bottom of the candle. Longer bodies in the Belt Hold pattern indicate stronger resistance against the trend. more...

Date	Price	Signal	Change%		INR100⇨
26-03	3984	SELL	0.0%		451
10-03	3598	BUY	+10.7%	✔ 👍	410
25-02	3548	SELL	+1.4%	❌	413
13-02	3537	BUY	+0.3%	✔	414
06-02	3380	SHORT	+4.6%	❌	441
30-01	3475	BUY	-2.7%	❌	460
21-01	3943	SHORT	-11.9%	✔	417
15-01	3975	BUY	-0.8%	❌	426
10-01	4163	SHORT	-4.5%	✔	413
07-01	4375	BUY	-4.8%	❌	441
19-12	5150	SHORT	-15.0%	✔	388
16-12	5300	BUY	-2.8%	❌	405
06-11	5483	SHORT	-3.3%	✔	398
01-11	5362	BUY	+2.2%	✔	395
15-10	6061	SELL	-11.5%	✔	397
13-09	3550	BUY	+70.7%	✔ 👍	234
05-09	3320	SELL	+6.9%	❌	236
13-08	3058	BUY	+8.6%	✔	219
01-08	3077	SHORT	-0.6%	✔	221
30-07	3078	BUY	0.0%	❌	224
12-07	3104	SELL	-0.8%	✔	225
07-06	2325	BUY	+33.5%	✔ 👍	170
15-05	2418	SELL	-3.9%	✔	171
22-04	2445	BUY	-1.1%	❌	174
15-04	2428	SHORT	+0.7%	❌	178
22-03	2164	BUY	+12.2%	✔ 👍	161
02-02	2700	SELL	-19.8%	✔	162
25-01	2516	BUY	+7.3%	✔	152
23-01	2399	SELL	+4.9%	❌	153
15-01	2422	BUY	-1.0%	❌	156
09-01	2304	SHORT	+5.1%	❌	166
01-01	2400	BUY	-4.0%	❌	176
28-12	2388	SELL	+0.5%	❌	177
26-12	2378	BUY	+0.5%	✔	177
20-12	2364	SHORT	+0.6%	❌	181
14-12	2396	BUY	-1.4%	❌	186
22-11	2611	SELL	-8.2%	✔	187
13-11	1932	BUY	+35.1%	✔ 👍	140
10-11	1873	SELL	+3.2%	❌	141
16-10	1766	BUY	+6.1%	✔	134