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(VARDMNPOLY_BE) Vardhman Polytex complete technical analysis [charts+indicators] | Buy/Sell Vardhman Polytex | (VARDMNPOLY_BE) share price targets

Complete technical analysis of Vardhman Polytex (VARDMNPOLY_BE) by charts plus indicators, forecast predictions and share price targets for Vardhman Polytex (VARDMNPOLY_BE)

10 day averaged volume of Vardhman Polytex is 48581

Date Daily Closing Price Open High Low Volume
03 Fri May 2024 92.95 94.95 95.00 89.60 0.57 times
02 Thu May 2024 94.20 95.50 95.80 93.00 2.062 times
30 Tue Apr 2024 91.25 87.00 91.25 85.95 1.818 times
29 Mon Apr 2024 86.95 85.00 88.05 84.45 0.945 times
26 Fri Apr 2024 85.00 85.00 85.60 82.50 0.522 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 93.5, for a target of 87.5 or 82.55

Share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type Value
Downside Target 55.40
Downside Target 63.55
Downside Target 65.10
Downside Target 70.40
Downside Target 74.00
Downside Target 76.20
Downside Target 79.90
Downside Target 84.45
Downside Target 86.35
Downside Target 86.65
Downside Target 89.60
Downside Target 91.25
Upside Target 95.80

Intraday share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type Value
Downside Intraday Target 86.33
Downside Intraday Target 79.72
Upside Intraday Target 97.68
Upside Intraday Target 102.42
Downside Intraday Target 91.07

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date Weekly Closing Price Open High Low Volume
03 Fri May 2024 92.95 85.00 95.80 84.45 1.204 times
26 Fri Apr 2024 85.00 78.00 86.65 78.00 4.583 times
19 Fri Apr 2024 78.00 76.30 79.90 76.30 2.04 times
12 Fri Apr 2024 77.60 80.15 81.80 77.60 0.427 times
05 Fri Apr 2024 80.20 76.20 80.80 76.20 3.464 times

Price has moved up 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 Vardhman Polytex (VARDMNPOLY_BE)

Date Monthly Closing Price Open High Low Volume
03 Fri May 2024 92.95 95.50 95.80 89.60 0.268 times
30 Tue Apr 2024 91.25 76.20 91.25 76.20 0.41 times
28 Thu Mar 2024 74.75 69.00 86.35 65.10 1.989 times
29 Thu Feb 2024 66.00 70.45 74.00 63.55 0.474 times

Price has moved up 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 Vardhman Polytex (VARDMNPOLY_BE)

Indicator Name Indicator Value Indicator Signal
ADX 43, 18, 41 Buy
MACD 7, 6Buy
Stochastics 92Buy
CCI 112Sell
RSI 67Buy
OBV 351530Sell
VWAP 88Buy
ADL 0Sell
ROC 18Buy
Force Index 0Sell

Price action analysis of Vardhman Polytex ( (VARDMNPOLY_BE) ) based on a short 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 Vardhman Polytex ( (VARDMNPOLY_BE) ) based on a short 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 Vardhman Polytex ( (VARDMNPOLY_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 Vardhman Polytex ( (VARDMNPOLY_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 Vardhman Polytex stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Vardhman Polytex in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Vardhman Polytex Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 Vardhman Polytex in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Vardhman Polytex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 87.56 and Vardhman Polytex (VARDMNPOLY_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Vardhman Polytex (VARDMNPOLY_BE) stock. Volume based technical analysis of Vardhman Polytex (VARDMNPOLY_BE) stock is negative.

Vardhman Polytex Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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