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(EUROTEXIND) Eurotex Industries complete technical analysis [charts+indicators] | Buy/Sell Eurotex Industries | (EUROTEXIND) share price targets

Complete technical analysis of Eurotex Industries (EUROTEXIND) by charts plus indicators, forecast predictions and share price targets for Eurotex Industries (EUROTEXIND)

Eurotex Industries trades in NSE in Textiles sector.

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Eurotex Industries is 9680

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	16.50	16.50	16.50	16.50	0.573 times
01 Fri Mar 2024	15.75	15.75	15.75	15.75	2.167 times
29 Thu Feb 2024	15.00	15.00	15.00	14.40	2.693 times
28 Wed Feb 2024	14.30	13.70	14.30	13.65	1.322 times
27 Tue Feb 2024	13.65	13.00	13.65	13.00	1.101 times
26 Mon Feb 2024	13.00	12.55	13.10	12.55	0.784 times
23 Fri Feb 2024	12.50	12.00	12.50	12.00	0.892 times
22 Thu Feb 2024	11.95	12.45	12.45	11.95	0.218 times
21 Wed Feb 2024	12.50	13.45	13.45	12.25	0.698 times
20 Tue Feb 2024	12.85	13.30	13.30	12.80	0.093 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 16.3, for a target of 15 or 13.94

Share price targets for Eurotex Industries (EUROTEXIND)

Target Type	Value
Downside Target	10.45
Downside Target	11.30
Downside Target	11.95
Downside Target	12.50
Downside Target	13.25
Downside Target	14.90
Downside Target	15.00
Downside Target	15.45
Downside Target	15.60
Downside Target	15.75
Downside Target	16.50

Intraday share price targets for Eurotex Industries (EUROTEXIND)

Target Type	Value
Downside Intraday Target	13.87
Downside Intraday Target	11.23
Upside Intraday Target	17.82
Upside Intraday Target	19.13
Downside Intraday Target	15.18

Weekly technical analysis of Eurotex Industries (EUROTEXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	16.50	12.55	16.50	12.55	4.47 times
23 Fri Feb 2024	12.50	13.40	13.45	11.95	0.842 times
16 Fri Feb 2024	13.30	14.30	15.00	13.25	0.553 times
09 Fri Feb 2024	14.30	14.10	15.45	13.60	1.229 times
02 Fri Feb 2024	13.45	13.00	13.85	12.50	0.942 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Eurotex Industries (EUROTEXIND)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	16.50	15.75	16.50	15.75	0.173 times
29 Thu Feb 2024	15.00	13.10	15.45	11.95	0.686 times
31 Wed Jan 2024	13.20	11.50	14.90	11.30	1.025 times
29 Fri Dec 2023	11.80	10.45	13.70	10.45	60.357 times

Scroll below to view daily charts

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 Eurotex Industries (EUROTEXIND)

Price action analysis of Eurotex Industries ( (EUROTEXIND) ) 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 Eurotex Industries ( (EUROTEXIND) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Eurotex Industries ( (EUROTEXIND) ) 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 Eurotex Industries stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Eurotex Industries 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.

Eurotex Industries 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Eurotex Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Eurotex Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 14.4 and Eurotex Industries (EUROTEXIND) 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 Eurotex Industries (EUROTEXIND) stock. Volume based technical analysis of Eurotex Industries (EUROTEXIND) stock is negative.

Eurotex Industries 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.