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(LOYALTEX) Loyal Textile complete technical analysis [charts+indicators] | Buy/Sell Loyal Textile | (LOYALTEX) share price targets

Complete technical analysis of Loyal Textile (LOYALTEX) by charts plus indicators, forecast predictions and share price targets for Loyal Textile (LOYALTEX)

Showing technical analysis as on 2024-11-11 View latest technical analysis

10 day averaged volume of Loyal Textile is 1893

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	543.70	535.30	548.00	522.10	0.426 times
08 Fri Nov 2024	544.65	540.60	548.80	534.75	0.316 times
07 Thu Nov 2024	540.30	529.80	550.00	528.10	1.363 times
06 Wed Nov 2024	535.30	534.75	540.00	526.65	0.482 times
05 Tue Nov 2024	525.65	537.00	538.10	519.05	0.878 times
04 Mon Nov 2024	525.45	510.65	539.95	508.45	1.771 times
01 Fri Nov 2024	508.45	520.05	520.05	506.10	0.384 times
31 Thu Oct 2024	507.80	515.95	516.00	504.00	2.272 times
30 Wed Oct 2024	510.00	513.85	525.65	501.55	1.524 times
29 Tue Oct 2024	505.80	521.10	521.10	504.00	0.561 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 542.8, but if it comes below 542.8, then a intra day sell could be more profitable.
If you take a sell trade below 542.8, then use 542.8 as stoploss and 526.88 as target. However if you take a buy trade in stock , then use 542.8 as stoploss and 561.8 as target.

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	500.00
Downside Target	522.10
Downside Target	541.20
Upside Target	550.00
Upside Target	564.00
Upside Target	572.00
Upside Target	581.95
Upside Target	593.75
Upside Target	610.00
Upside Target	718.70
Upside Target	772.60

Intraday share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Intraday Target	527.87
Downside Intraday Target	512.03
Upside Intraday Target	553.77
Upside Intraday Target	563.83
Downside Intraday Target	537.93

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	543.70	535.30	548.00	522.10	0.088 times
08 Fri Nov 2024	544.65	510.65	550.00	508.45	0.928 times
01 Fri Nov 2024	508.45	519.20	530.00	501.55	1.835 times
25 Fri Oct 2024	507.90	556.00	564.00	501.05	0.507 times
18 Fri Oct 2024	556.40	564.45	581.95	525.00	0.394 times

Price has moved down 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 Loyal Textile (LOYALTEX)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	543.70	520.05	550.00	506.10	0.11 times
31 Thu Oct 2024	507.80	519.00	610.00	501.05	2.123 times
30 Mon Sep 2024	502.70	593.75	593.75	500.00	0.276 times
30 Fri Aug 2024	579.85	769.90	772.60	572.00	1.668 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 Loyal Textile (LOYALTEX)

Price action analysis of Loyal Textile ( (LOYALTEX) ) 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 Loyal Textile ( (LOYALTEX) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Loyal Textile ( (LOYALTEX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Loyal Textile stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Loyal Textile in short term but the buy signal is initial and weak.

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

Loyal Textile 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 Loyal Textile in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Loyal Textile is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 521.22 and Loyal Textile (LOYALTEX) 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 Loyal Textile (LOYALTEX) stock. Volume based technical analysis of Loyal Textile (LOYALTEX) stock is negative.

Loyal Textile 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.